Zacks Investment Research announced Sanchez Energy Corp (NYSE:SN), bumping up its stock price target to $8.75 today
- Updated: November 26, 2016
Just yesterday Sanchez Energy Corp (NYSE:SN) traded -5.02% lower at $7.75. Sanchez Energy Corp’s 50-day moving average is $7.20 and its 200-day moving average is $7.68. The last stock price is up 0.97% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,159,033 shares of SN traded hands, down from an average trading volume of 2,331,720
In a report released on 11/23/2016 Zacks Investment Research increased the stock price target of Sanchez Energy Corp (NYSE:SN) to $8.75 reporting a possible upside of 0.13%.
Previously on 3/3/2016, BMO Capital Markets released a statement about Sanchez Energy Corp (NYSE:SN) reduced the target price from $5.00 to $4.00. At the time, this indicated a possible downside of -0.07%.
Recent Performance Chart
Sanchez Energy Corp has with a one year low of $2.06 and a one year high of $9.83 and has a total market value of $0.
A total of 15 firms have reported on SN. Three equity analysts rating the company a strong buy, 4 brokers rating the stock a buy, 10 brokers rating the stock a hold, 0 firms rating the stock a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $7.97.
General Company Details For Sanchez Energy Corp (NYSE:SN)
Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Company focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana. The Company has accumulated approximately 200,000 net leasehold acres in the oil and condensate, or black oil and volatile oil, windows of the Eagle Ford Shale and approximately 62,000 net leasehold acres of the TMS. In the Eagle Ford Shale, the Company has assembled approximately 200,000 net leasehold acres with an average working interest of approximately 93%. In the TMS, the Company owns approximately 40,000 net undeveloped acres in Southwest Mississippi and Southeast Louisiana.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.