Northland Securities Analysts Give Lonestar Resources US (LONE) a $7.00 Price Target
Lonestar Resources US (NASDAQ:LONE) has been given a $7.00 target price by investment analysts at Northland Securities in a note issued to investors on Monday. The firm currently has a “buy” rating on the energy company’s stock. Northland Securities’ target price points to a potential upside of 105.28% from the stock’s current price.
Several other equities analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of Lonestar Resources US from a “buy” rating to a “hold” rating in a research note on Saturday, October 28th. Cowen reissued a “buy” rating and issued a $7.00 price target on shares of Lonestar Resources US in a research note on Thursday, September 28th. Finally, Roth Capital set a $9.00 price objective on shares of Lonestar Resources US and gave the stock a “buy” rating in a research report on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Lonestar Resources US presently has a consensus rating of “Buy” and a consensus price target of $7.93.
Lonestar Resources US (LONE) traded down $0.04 during trading hours on Monday, hitting $3.41. 18,500 shares of the stock traded hands, compared to its average volume of 70,303. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 1.88. Lonestar Resources US has a 12-month low of $2.43 and a 12-month high of $8.81.
About Lonestar Resources US
Lonestar Resources Limited is an Australia-based oil and gas exploration and production company. The Company is involved in the exploration, production and acquisition of unconventional oil and gas reserves. It holds interests in approximately 38,191 net acres in the Eagle Ford Shale, Bakken and Three Forks plays.
Receive News & Ratings for Lonestar Resources US Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lonestar Resources US Inc. and related companies with MarketBeat.com's FREE daily email newsletter.