Beach Energy (BEPTF) Rating Increased to Overweight at JPMorgan Chase & Co.

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Beach Energy (OTCMKTS:BEPTF) was upgraded by JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued on Monday, The Fly reports.

Other equities analysts have also recently issued reports about the company. Goldman Sachs Group upgraded Beach Energy from a “neutral” rating to a “buy” rating in a report on Monday. Canaccord Genuity upgraded Beach Energy from a “sell” rating to a “hold” rating in a report on Monday.

Beach Energy stock opened at $1.25 on Monday. Beach Energy has a 52-week low of $0.74 and a 52-week high of $1.56.

Beach Energy Company Profile

Beach Energy Limited operates as an oil and gas exploration and production company. The company has operated and non-operated, onshore and offshore, oil and gas production from five producing basins across Australia and New Zealand. It has interests in approximately 450 exploration and production tenements.

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