Scotia Howard Weil announced Bill Barrett (NYSE:BBG), boosting its price target to $14.00 today
- Updated: October 14, 2016
Having a price of $5.24, Bill Barrett (NYSE:BBG) traded 0.00% even on the day. With the last close down -19.72% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. BBG has recorded a 50-day moving average of $5.81 and a 200-day moving average of $6.53. 0 shares of BBG traded hands, down from an average trading volume of 2,123,280
In a statement issued on Friday October 14, 2016 Scotia Howard Weil raised the target price of Bill Barrett (NYSE:BBG) from $12.00 to $14.00 indicating a possible upside of 1.67%.
On Tuesday September 20, 2016, Zacks Investment Research released a statement on Bill Barrett (NYSE:BBG) upped the target price from $0.00 to $5.75 that suggested an upside of 0.14%.
Recent Performance Chart
Bill Barrett has one year low of $2.19 and a one year high of $9.38 and has a market cap of $0.
In addition to Scotia Howard Weil reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is $8.24 with 1 firm rating the stock a strong buy, 3 firms rating the stock a buy, 14 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Bill Barrett (NYSE:BBG)
Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Company's assets and operations are located in the Rocky Mountain region of the United States. The Company develops oil and natural gas in the Rocky Mountain region of the United States. The Company has over two areas of production, including The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin. The Company's acreage positions in the DJ Basin are located in Colorado's eastern plains and parts of southeastern Wyoming. DJ Basin's estimated proved reserves are 62.3 million barrels of oil equivalent (MMBoe). The Company has interests in approximately 280 gross producing wells. The Company serves as an operator in approximately 170 gross wells. The Uinta Basin is located in northeastern Utah. Uinta Basin's estimated proved reserves are 21.4 MMBoe. Uinta Basin has interests in approximately 240 gross producing wells.
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