Bonterra Energy Corp (BNE) Downgraded by BMO Capital Markets to Underperform

BMO Capital Markets downgraded shares of Bonterra Energy Corp (TSE:BNE) from a market perform rating to an underperform rating in a research note released on Tuesday. BMO Capital Markets currently has C$15.00 price target on the stock, down from their prior price target of C$16.00.

BNE has been the topic of a number of other reports. National Bank Financial reduced their target price on shares of Bonterra Energy Corp from C$22.00 to C$21.00 and set an outperform rating on the stock in a research report on Thursday, August 10th. Raymond James Financial, Inc. raised shares of Bonterra Energy Corp from an outperform rating to a strong-buy rating and set a C$26.00 target price on the stock in a research report on Thursday, August 24th. Finally, AltaCorp Capital downgraded shares of Bonterra Energy Corp from an outperform rating to a sector perform rating in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Bonterra Energy Corp presently has a consensus rating of Hold and a consensus price target of C$27.78.

Bonterra Energy Corp (BNE) opened at 14.92 on Tuesday. The company’s market capitalization is $496.99 million. The company’s 50 day moving average is $15.92 and its 200-day moving average is $17.36. Bonterra Energy Corp has a 52-week low of $14.18 and a 52-week high of $29.76.

TRADEMARK VIOLATION WARNING: “Bonterra Energy Corp (BNE) Downgraded by BMO Capital Markets to Underperform” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/11/bonterra-energy-corp-bne-downgraded-by-bmo-capital-markets-to-underperform.html.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Tuesday, October 31st will be given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 8.06%. The ex-dividend date of this dividend is Friday, October 13th.

In other news, insider George Frederick Fink acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The shares were bought at an average cost of C$16.43 per share, with a total value of C$82,150.00. Insiders have purchased a total of 21,500 shares of company stock wo

BNE has been the topic of a number of other reports. National Bank Financial reduced their target price on shares of Bonterra Energy Corp from C$22.00 to C$21.00 and set an outperform rating on the stock in a research report on Thursday, August 10th. Raymond James Financial, Inc. raised shares of Bonterra Energy Corp from an outperform rating to a strong-buy rating and set a C$26.00 target price on the stock in a research report on Thursday, August 24th. Finally, AltaCorp Capital downgraded shares of Bonterra Energy Corp from an outperform rating to a sector perform rating in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Bonterra Energy Corp presently has a consensus rating of Hold and a consensus price target of C$27.78.

Bonterra Energy Corp (BNE) opened at 14.92 on Tuesday. The company’s market capitalization is $496.99 million. The company’s 50 day moving average is $15.92 and its 200-day moving average is $17.36. Bonterra Energy Corp has a 52-week low of $14.18 and a 52-week high of $29.76.

TRADEMARK VIOLATION WARNING: “Bonterra Energy Corp (BNE) Downgraded by BMO Capital Markets to Underperform” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/11/bonterra-energy-corp-bne-downgraded-by-bmo-capital-markets-to-underperform.html.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Tuesday, October 31st will be given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 8.06%. The ex-dividend date of this dividend is Friday, October 13th.

In other news, insider George Frederick Fink acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The shares were bought at an average cost of C$16.43 per share, with a total value of C$82,150.00. Insiders have purchased a total of 21,500 shares of company stock worth $351,420 over the last three months.

Bonterra Energy Corp 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 Corp (TSE:BNE)

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