BMO Capital Keeps a Hold Rating on Bonavista Energy (BNP)

Bonavista Energy (BNPResearch Report), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Mike Murphy CFA from BMO Capital rated Bonavista Energy (BNPResearch Report) a Hold, setting a C$0.60 price target.

According to TipRanks.com, CFA is ranked #5084 out of 5245 analysts.

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Currently, the analyst consensus on Bonavista Energy is a Moderate Sell with an average price target of C$12.27, a 2354.0% upside from current levels. In a report issued on July 18, RBC Capital also reiterated a Hold rating on the stock with a C$0.75 price target.

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The company has a one-year high of C$1.60 and a one-year low of C$0.41. Currently, Bonavista Energy has an average volume of 602.9K.

Bonavista Energy Corp. engages in the exploration, development, and production of oil and gas properties. It produces natural gas; light, medium, and heavy oil; and natural gas liquids in the core areas of West Central and Deep Basin. The company was founded in 1997 and is headquartered in Calgary, Canada.

The company’s shares closed on Friday at C$0.50, close to its 52-week low of C$0.41.