Lonestar Resources US (NASDAQ:LONE) was upgraded by equities research analysts at Seaport Global Securities from a “neutral” rating to a “buy” rating in a note issued to investors on Friday, The Fly reports.

A number of other equities analysts have also commented on LONE. ValuEngine raised Lonestar Resources US from a “strong sell” rating to a “sell” rating in a research note on Wednesday. Roth Capital set a $7.00 price objective on Lonestar Resources US and gave the stock a “buy” rating in a research note on Thursday, December 21st. Cowen reaffirmed a “buy” rating and issued a $7.00 price objective on shares of Lonestar Resources US in a research note on Thursday, September 28th. Northland Securities set a $7.00 price objective on Lonestar Resources US and gave the stock a “buy” rating in a research note on Monday, December 11th. Finally, Zacks Investment Research upgraded Lonestar Resources US from a “hold” rating to a “strong-buy” rating and set a $4.00 target price for the company in a report on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Lonestar Resources US has an average rating of “Buy” and a consensus price target of $7.68.

Shares of Lonestar Resources US (LONE) opened at $4.49 on Friday. Lonestar Resources US has a 12 month low of $2.43 and a 12 month high of $8.70. The company has a market capitalization of $96.89, a PE ratio of -0.54 and a beta of 0.61. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.57 and a current ratio of 0.57.

A number of institutional investors have recently made changes to their positions in the stock. Northpointe Capital LLC grew its holdings in Lonestar Resources US by 4.7% during the third quarter. Northpointe Capital LLC now owns 1,507,613 shares of the energy company’s stock worth $5,292,000 after buying an additional 68,140 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Lonestar Resources US by 4.9% during the third quarter. Victory Capital Management Inc. now owns 965,689 shares of the energy company’s stock worth $3,390,000 after buying an additional 44,980 shares in the last quarter. B. Riley Financial Inc. boosted its position in Lonestar Resources US by 40.0% in the third quarter. B. Riley Financial Inc. now owns 893,275 shares of the energy company’s stock worth $3,135,000 after purchasing an additional 255,174 shares during the last quarter. Vanguard Group Inc. boosted its position in Lonestar Resources US by 1.6% in the second quarter. Vanguard Group Inc. now owns 348,999 shares of the energy company’s stock worth $1,500,000 after purchasing an additional 5,372 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in Lonestar Resources US by 29.2% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 333,993 shares of the energy company’s stock worth $1,172,000 after purchasing an additional 75,400 shares during the last quarter. Institutional investors and hedge funds own 47.74% of the company’s stock.

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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.

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Analyst Recommendations for Lonestar Resources US (NASDAQ:LONE)

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