SunTrust Banks downgraded shares of SUNDANCE ENERGY/S (NASDAQ:SNDE) to a hold rating in a research note published on Monday morning, Stock Target Advisor reports. SunTrust Banks also issued estimates for SUNDANCE ENERGY/S’s Q2 2019 earnings at $0.04 EPS, Q3 2019 earnings at $0.03 EPS, Q4 2019 earnings at $0.05 EPS, FY2019 earnings at $0.22 EPS, Q1 2020 earnings at $0.04 EPS, Q2 2020 earnings at $0.04 EPS, Q3 2020 earnings at $0.04 EPS, Q4 2020 earnings at $0.04 EPS and FY2020 earnings at $0.16 EPS.

A number of other research firms have also weighed in on SNDE. Seaport Global Securities reissued a buy rating on shares of W&T Offshore in a research report on Friday, June 21st. Imperial Capital began coverage on shares of SUNDANCE ENERGY/S in a research report on Thursday, May 2nd. They issued an outperform rating and a $6.00 price objective for the company. Zacks Investment Research lowered shares of Heritage Insurance from a hold rating to a strong sell rating in a research report on Friday, April 26th. ValuEngine lowered shares of Zumiez from a hold rating to a sell rating in a research report on Tuesday, July 2nd. Finally, Northland Securities reissued a hold rating and issued a $8.00 price objective on shares of Evolution Petroleum in a research report on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of $8.25.

NASDAQ:SNDE opened at $1.66 on Monday. The firm has a 50 day moving average price of $2.01. SUNDANCE ENERGY/S has a 1-year low of $1.55 and a 1-year high of $6.75.

An institutional investor recently bought a new position in SUNDANCE ENERGY/S stock. Citigroup Inc. bought a new stake in SUNDANCE ENERGY/S (NASDAQ:SNDE) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 23,166 shares of the energy company’s stock, valued at approximately $58,000. Citigroup Inc. owned 0.19% of SUNDANCE ENERGY/S as of its most recent filing with the Securities & Exchange Commission. 0.01% of the stock is owned by institutional investors.

SUNDANCE ENERGY/S Company Profile

Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.

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Analyst Recommendations for SUNDANCE ENERGY/S (NASDAQ:SNDE)

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