Sundance Energy Australia Ltd. (NASDAQ:SNDE) Upgraded by Zacks Investment Research to “Hold”

Sundance Energy Australia Ltd. (NASDAQ:SNDE) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Friday, October 27th.

According to Zacks, “Sundance Energy Australia Limited is focused on the acquisition and development of oil and gas. Its asset primarily located in premier North American resource plays. Sundance Energy Australia Limited is headquareted in DENVER CO. “

SNDE has been the topic of a number of other reports. Canaccord Genuity lowered shares of Sundance Energy Australia to a “buy” rating in a research report on Tuesday, August 1st. ValuEngine lowered shares of Sundance Energy Australia from a “sell” rating to a “strong sell” rating in a research report on Tuesday, September 26th. Stifel Nicolaus set a $7.00 target price on shares of Sundance Energy Australia and gave the stock a “buy” rating in a research report on Thursday, October 5th. Finally, Iberia Capital restated an “outperform” rating and set a $7.00 target price on shares of Sundance Energy Australia in a research report on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $6.08.

Sundance Energy Australia (NASDAQ SNDE) opened at $5.22 on Friday. Sundance Energy Australia has a 1-year low of $3.61 and a 1-year high of $17.99.

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Sundance Energy Australia Company Profile

Sundance Energy Australia Limited engages in the exploration, development, and production of oil and natural gas in the United States. The company’s exploration and development activities are focused in the Eagle Ford project in the South-Texas-Gulf Coast Basin; and the Mississippian/Woodford Formations in Oklahoma.

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