Bonterra Energy Corp (TSE:BNE) has earned a consensus rating of “Buy” from the six analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$22.60.

Several research firms have recently issued reports on BNE. TD Securities upped their target price on shares of Bonterra Energy from C$18.50 to C$19.50 and gave the stock a “buy” rating in a research note on Thursday, November 9th. BMO Capital Markets downgraded shares of Bonterra Energy from a “market perform” rating to an “underperform” rating and lowered their target price for the company from C$16.00 to C$15.00 in a research note on Tuesday, October 10th. Finally, AltaCorp Capital raised shares of Bonterra Energy from a “sector perform” rating to an “outperform” rating in a research note on Thursday.

Bonterra Energy (TSE BNE) traded down C$0.08 on Friday, reaching C$15.37. 137,159 shares of the company’s stock traded hands, compared to its average volume of 126,540. Bonterra Energy has a 1 year low of C$13.44 and a 1 year high of C$29.76. The firm has a market capitalization of $511.99, a P/E ratio of -768.50 and a beta of 1.20.

The company also recently announced a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 7.81%. The ex-dividend date of this dividend is Thursday, December 14th. Bonterra Energy’s dividend payout ratio is -6,000.00%.

In other news, insider George Frederick Fink bought 5,000 shares of the business’s stock in a transaction dated Tuesday, October 24th. The shares were purchased at an average price of C$13.81 per share, for a total transaction of C$69,050.00. Insiders bought 39,000 shares of company stock worth $599,470 in the last 90 days.

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Bonterra Energy Company Profile

Bonterra Energy Corp. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin.

Analyst Recommendations for Bonterra Energy (TSE:BNE)

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