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Zacks Investment Research downgraded Enerplus Corp (USA) (NYSE:ERF) to Hold in a statement released earlier today.

Boasting a price of $7.98, Enerplus Corp (USA) (NYSE:ERF) traded -1.22% lower on the day. With the last stock price close down 5.26% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Enerplus Corp (USA) has recorded a 50-day average of $9.30 and a two hundred day average of $8.45. Volume of trade was down over the average, with 934,902 shares of ERF changing hands under the typical 1,023,600

Zacks Investment Research has downgraded Enerplus Corp (USA) (NYSE:ERF) to Hold in a statement released on 06/05/2017.

On Wednesday May 10, 2017, Zacks Investment Research released a statement for Enerplus Corp (USA) (NYSE:ERF) bumped up the target price from $0.00 to $8.50 that suggested an upside of 0.06%.

Performance Chart

Enerplus Corp (USA) (NYSE:ERF)

With a total market value of $0, Enerplus Corp (USA) has price-earnings ratio of 2.84 with a one year low of $6.26 and a one year high of $10.33 .

A total of 4 equity analysts have released a research note on ERF. zero equity analysts rating the company a strong buy, four equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $7.11.

More About Enerplus Corp (USA) (NYSE:ERF)

Enerplus Corporation is an oil and natural gas company. The Company's oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. The Company's oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels (MMbbls) of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE). The Company's primary crude oil properties in the United States are located in the Fort Berthold region of North Dakota and in Richland County, Montana.

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