Sanchez Energy (NYSE:SN) has been given a $6.00 target price by research analysts at Northland Securities in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the energy producer’s stock. Northland Securities’ price target would indicate a potential upside of 23.46% from the stock’s current price.

A number of other equities analysts have also issued reports on SN. ValuEngine lowered Sanchez Energy from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Zacks Investment Research raised Sanchez Energy from a “hold” rating to a “buy” rating and set a $4.75 price objective for the company in a report on Thursday, October 19th. J P Morgan Chase & Co began coverage on Sanchez Energy in a report on Friday, September 15th. They issued a “neutral” rating for the company. Piper Jaffray Companies reissued a “neutral” rating and issued a $6.00 price objective (down from $14.00) on shares of Sanchez Energy in a report on Monday, September 18th. Finally, BMO Capital Markets set a $5.00 price objective on Sanchez Energy and gave the stock a “hold” rating in a report on Tuesday, October 10th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $9.37.

Shares of Sanchez Energy (NYSE:SN) traded up $0.12 during trading on Monday, hitting $4.86. The stock had a trading volume of 2,033,700 shares, compared to its average volume of 3,591,021. The company has a debt-to-equity ratio of -3.72, a quick ratio of 0.88 and a current ratio of 0.88. Sanchez Energy has a fifty-two week low of $3.58 and a fifty-two week high of $14.39.

In other news, VP Howard J. Sr Thill, Sr. sold 16,499 shares of the firm’s stock in a transaction on Thursday, October 12th. The stock was sold at an average price of $4.27, for a total transaction of $70,450.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Antonio R. Sanchez III acquired 100,000 shares of Sanchez Energy stock in a transaction dated Wednesday, September 13th. The shares were bought at an average cost of $4.45 per share, with a total value of $445,000.00. Following the completion of the purchase, the chief executive officer now owns 1,494,783 shares in the company, valued at $6,651,784.35. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 742,000 shares of company stock valued at $3,379,220. 14.70% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Sanchez Energy by 4.9% during the 2nd quarter. Vanguard Group Inc. now owns 12,127,552 shares of the energy producer’s stock worth $87,076,000 after acquiring an additional 569,664 shares in the last quarter. State Street Corp boosted its stake in shares of Sanchez Energy by 50.0% during the 2nd quarter. State Street Corp now owns 7,343,314 shares of the energy producer’s stock worth $52,727,000 after acquiring an additional 2,446,795 shares in the last quarter. Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Sanchez Energy during the 2nd quarter worth $32,388,000. Schroder Investment Management Group boosted its stake in shares of Sanchez Energy by 44.8% during the 2nd quarter. Schroder Investment Management Group now owns 1,894,000 shares of the energy producer’s stock worth $13,504,000 after acquiring an additional 586,040 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Sanchez Energy by 44.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,789,224 shares of the energy producer’s stock worth $8,804,000 after acquiring an additional 554,240 shares in the last quarter. 59.48% of the stock is owned by institutional investors and hedge funds.

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Sanchez Energy Company Profile

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

Analyst Recommendations for Sanchez Energy (NYSE:SN)

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