Analysts are on the Bearish side about Bill Barrett Corporation (NYSE:BBG) this week.

July 17, 2017 - By Marguerite Chambers

 Analysts are on the Bearish side about Bill Barrett Corporation (NYSE:BBG) this week.
Investors sentiment decreased to 1.36 in Q4 2016. Its down 0.62, from 1.98 in 2016Q3. It fall, as 19 investors sold Bill Barrett Corporation shares while 48 reduced holdings. 34 funds opened positions while 57 raised stakes. 75.01 million shares or 22.53% more from 61.22 million shares in 2016Q3 were reported.
Geduld E E, New York-based fund reported 15,300 shares. 18,240 were reported by Brown Brothers Harriman And. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,801 shares. Pinebridge Invests Limited Partnership owns 55,518 shares for 0.01% of their portfolio. 76,311 are held by Petrus Lta. Bnp Paribas Arbitrage has 15,593 shares. Texas Permanent School Fund has 0.01% invested in Bill Barrett Corporation (NYSE:BBG) for 55,136 shares. Morgan Stanley owns 0% invested in Bill Barrett Corporation (NYSE:BBG) for 266,076 shares. Bancorp Of America De holds 174,484 shares. Blackrock Fund Advsrs invested in 5.32M shares or 0.01% of the stock. Moreover, Legal General Plc has 0% invested in Bill Barrett Corporation (NYSE:BBG) for 119,316 shares. Proshare Advisors Ltd Limited Liability Company holds 0% or 10,668 shares. Tiaa Cref Invest Management accumulated 466,242 shares. Integral Derivatives Limited Liability Company reported 0% of its portfolio in Bill Barrett Corporation (NYSE:BBG). Grt Cap Ltd accumulated 2.18% or 1.10 million shares.

Bill Barrett Corporation (NYSE:BBG) Ratings Coverage

Among 18 analysts covering Bill Barrett Corporation (NYSE:BBG), 4 have Buy rating, 2 Sell and 12 Hold. Therefore 22% are positive. Bill Barrett Corporation had 48 analyst reports since July 21, 2015 according to SRatingsIntel. Canaccord Genuity downgraded the shares of BBG in report on Wednesday, March 30 to “Hold” rating. Cantor Fitzgerald downgraded the stock to “Hold” rating in Tuesday, April 26 report. The rating was upgraded by Canaccord Genuity on Tuesday, March 7 to “Buy”. Stifel Nicolaus maintained Bill Barrett Corporation (NYSE:BBG) on Thursday, April 13 with “Buy” rating. Canaccord Genuity maintained Bill Barrett Corporation (NYSE:BBG) rating on Friday, August 7. Canaccord Genuity has “Buy” rating and $12 target. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, August 11 report. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, September 30. As per Wednesday, December 9, the company rating was maintained by Deutsche Bank. As per Tuesday, June 14, the company rating was maintained by Deutsche Bank. The company was downgraded on Tuesday, September 8 by Cowen & Co. Below is a list of Bill Barrett Corporation (NYSE:BBG) latest ratings and price target changes.

26/06/2017 Broker: BMO Capital Markets Rating: Hold New Target: $2.0000 Maintain
21/06/2017 Broker: Seaport Global Old Rating: Hold New Rating: Sell Downgrade
29/05/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $8.00 Maintain
05/05/2017 Broker: FBR Capital Rating: Market Perform Old Target: $6.00 New Target: $5.00 Target Down
13/04/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $8.00 Maintain
10/03/2017 Broker: FBR Capital Rating: Market Perform New Target: $6.00 Initiates Coverage On
07/03/2017 Broker: Canaccord Genuity Old Rating: Hold New Rating: Buy Old Target: $8.00 New Target: $7.00 Upgrade

About 495,727 shares traded. Bill Barrett Corporation (NYSE:BBG) has declined 43.01% since July 17, 2016 and is downtrending. It has underperformed by 59.71% the S&P500.

Bill Barrett Corporation is an independent energy firm that develops, acquires and explores for oil and natural gas resources. The company has market cap of $252.35 million. The Company’s assets and activities are located in the Rocky Mountain region of the United States. It currently has negative earnings. It has over two areas of production: The Denver-Julesburg Basin and the Uinta Oil Program in the Uinta Basin.

Another recent and important Bill Barrett Corporation (NYSE:BBG) news was published by Prnewswire.com which published an article titled: “Bill Barrett Corporation Announces Second Quarter 2017 Earnings Release and …” on July 13, 2017.

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