SUNDANCE ENERGY/S (NASDAQ:SNDE) Receives $7.00 Average Price Target from Brokerages
Shares of SUNDANCE ENERGY/S (NASDAQ:SNDE) have earned an average recommendation of “Buy” from the eight research firms that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $7.00.
A number of brokerages have issued reports on SNDE. Northland Securities set a $5.00 price objective on shares of SUNDANCE ENERGY/S and gave the company a “buy” rating in a report on Friday, August 16th. SunTrust Banks downgraded shares of SUNDANCE ENERGY/S to a “hold” rating in a report on Monday, July 8th. Seaport Global Securities restated a “buy” rating on shares of SUNDANCE ENERGY/S in a research report on Friday, June 21st. Finally, ValuEngine upgraded shares of SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st.
SNDE stock traded down $0.37 during midday trading on Friday, hitting $1.35. The company’s stock had a trading volume of 666 shares, compared to its average volume of 29,096. SUNDANCE ENERGY/S has a 12 month low of $1.08 and a 12 month high of $6.75. The company has a 50 day moving average of $1.31 and a two-hundred day moving average of $2.23.
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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