Analyst Upgrades – Bonavista Energy Corp (TSE:BNP) Stock Gets Upgraded By GMP Securities from Hold to Buy


Analyst Ratings For Bonavista Energy Corp (TSE:BNP)

Today, Bonavista Energy Corp (TSE:BNP) stock received an upgrade by GMP Securities from Hold to Buy.

There are 6 hold ratings, 6 buy ratings on the stock.

The current consensus rating on Bonavista Energy Corp (TSE:BNP) is Buy (Score: 2.50) with a consensus target price of C$5.60 per share, a potential .

Some recent analyst ratings include

  • 3/6/2017-GMP Securities Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 3/3/2017-Scotiabank Reiterated Rating of Outperform.
  • 3/3/2017-TD Securities Reiterated Rating of Buy.
  • 2/2/2017-Royal Bank of Canada Reiterated Rating of Sector Perform.
  • 1/9/2017-AltaCorp Capital Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.

    About Bonavista Energy Corp (TSE:BNP)
    Bonavista Energy Corporation is a resource company engaged in the acquisition, exploration, development and production of oil and natural gas assets. The Company’s West Central Core Area is characterized by natural gas and light oil resources. West Central Core Area is located within the Western Canadian Sedimentary Basin (WCSB) between Calgary and Drayton Valley, Alberta. Its infrastructure in West Central Core Area includes over 2,800 kilometers of pipelines and approximately 40 facilities. Its Deep Basin Core Area contains multiple vertically stacked oil and natural gas reservoirs. Its Deep Basin Core Area is located within the WCSB between Edmonton and Fox Creek, Alberta. The Company’s Deep Basin Core Area’s production averages approximately 21,460 barrels of oil equivalent per day (boe/d). It has assembled a land position of approximately 295,110 net acres and identified over 300 horizontal drilling locations. Its assets are located in Alberta, British Columbia and Saskatchewan.

    Recent Trading Activity for Bonavista Energy Corp (TSE:BNP)
    Shares of Bonavista Energy Corp closed the previous trading session at 3.86 up +0.14 3.76% with shares trading hands.