Shares of Sanchez Energy Corp (NYSE:SN) have earned a consensus rating of “Hold” from the twelve research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation and eleven have assigned a hold recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $2.34.
SN has been the subject of several analyst reports. Zacks Investment Research upgraded Sanchez Energy from a “strong sell” rating to a “hold” rating in a report on Saturday, January 26th. Royal Bank of Canada reiterated a “hold” rating and issued a $0.50 price target on shares of Sanchez Energy in a report on Tuesday, January 8th.
Shares of Sanchez Energy stock traded down $0.01 during trading on Friday, hitting $0.18. 267,196 shares of the company were exchanged, compared to its average volume of 2,081,394. Sanchez Energy has a fifty-two week low of $0.22 and a fifty-two week high of $5.13. The company has a market capitalization of $15.98 million, a P/E ratio of -0.57 and a beta of 2.46.
About Sanchez Energy
Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition and development of U.S. onshore unconventional oil and natural gas resources. It engages in the horizontal development of resources from the Eagle Ford Shale in South Texas. It also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.
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