Birchcliff Energy Ltd. (TSE:BIR) has analysts on the Bullish side this week.

February 15, 2018 - By Marie Mckinney

 Birchcliff Energy Ltd. (TSE:BIR) has analysts on the Bullish side this week.

Birchcliff Energy Ltd. (TSE:BIR) Ratings Coverage

Among 8 analysts covering Birchcliff Energy Ltd. (TSE:BIR), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Birchcliff Energy Ltd. had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Scotia Capital with “Focus Stock” on Friday, August 12. Scotia Capital maintained the stock with “Focus Stock” rating in Monday, August 22 report. Raymond James maintained Birchcliff Energy Ltd. (TSE:BIR) rating on Monday, June 6. Raymond James has “” rating and $8.50 target. Scotia Capital maintained Birchcliff Energy Ltd. (TSE:BIR) rating on Thursday, March 16. Scotia Capital has “Focus Stock” rating and $13 target. The firm has “Buy” rating by TD Securities given on Thursday, March 16. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, January 22. Raymond James maintained the stock with “Outperform” rating in Tuesday, March 21 report. The stock of Birchcliff Energy Ltd. (TSE:BIR) has “Outperform” rating given on Friday, February 12 by BMO Capital Markets. RBC Capital Markets upgraded Birchcliff Energy Ltd. (TSE:BIR) on Thursday, February 11 to “Outperform” rating. Below is a list of Birchcliff Energy Ltd. (TSE:BIR) latest ratings and price target changes.

06/10/2017 Broker: Laurentian Rating: Old Target: $10.00 New Target: $9.00 Target Up

The stock decreased 2.17% or $0.07 during the last trading session, reaching $3.16. About 5.04M shares traded or 137.97% up from the average. Birchcliff Energy Ltd. (TSE:BIR) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Birchcliff Energy Ltd., an intermediate gas and oil company, explores for, develops, and produces oil and natural gas, light oil, and natural gas liquids in Western Canada. The company has market cap of $839.92 million. The firm principally holds interests in the Peace River Arch area of Alberta, which produces natural gas and oil in the Western Canadian Sedimentary Basin. It currently has negative earnings. As of December 31, 2016, it had proved plus probable reserves of 880.5 MMboe; 572.7 MMboe of proved reserves; and working interests in various gas plants, oil batteries, compressors, facilities, and infrastructure, as well as held 421,111 net acres of undeveloped land.

More notable recent Birchcliff Energy Ltd. (TSE:BIR) news were published by: Seekingalpha.com which released: “Seymour Schulich Gobbles Up More Shares Of Birchcliff Energy” on May 29, 2017, also Seekingalpha.com with their article: “Thoughts On Birchcliff Energy: Higher Liquids Result In Higher Valuation” published on September 05, 2017, Marketwired.com published: “Birchcliff Energy Ltd. Announces Closing of Financings for Gross Proceeds of …” on July 13, 2016. More interesting news about Birchcliff Energy Ltd. (TSE:BIR) were released by: Marketwired.com and their article: “Birchcliff Energy Ltd. Announces Closing of Strategic Montney/Doig Acquisition …” published on July 28, 2016 as well as Seekingalpha.com‘s news article titled: “Low Cost Producer Birchcliff Energy LtD. Is Growing Through The Downturn” with publication date: January 11, 2016.

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