Research Analysts’ Recent Ratings Changes for Baytex Energy (BTE)

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Several analysts have recently updated their ratings and price targets for Baytex Energy (TSE: BTE):

  • 12/18/2018 – Baytex Energy was given a new C$4.00 price target on by analysts at Raymond James. They now have an “outperform” rating on the stock.
  • 12/18/2018 – Baytex Energy had its price target lowered by analysts at National Bank Financial from C$4.50 to C$4.25. They now have an “outperform” rating on the stock.
  • 12/18/2018 – Baytex Energy was given a new C$3.50 price target on by analysts at BMO Capital Markets. They now have a “market perform” rating on the stock.
  • 12/18/2018 – Baytex Energy had its price target lowered by analysts at CIBC from C$5.75 to C$5.25.
  • 12/17/2018 – Baytex Energy had its price target lowered by analysts at TD Securities from C$5.50 to C$5.00. They now have a “buy” rating on the stock.
  • 12/13/2018 – Baytex Energy had its price target lowered by analysts at GMP Securities from C$7.75 to C$4.50.
  • 12/10/2018 – Baytex Energy had its price target lowered by analysts at National Bank Financial from C$7.25 to C$4.50. They now have an “outperform” rating on the stock.
  • 11/22/2018 – Baytex Energy had its price target lowered by analysts at CIBC from C$7.00 to C$5.75.
  • 11/5/2018 – Baytex Energy was upgraded by analysts at Raymond James from a “market perform” rating to an “outperform” rating. They now have a C$4.75 price target on the stock.
  • 11/5/2018 – Baytex Energy had its price target lowered by analysts at Royal Bank of Canada from C$6.00 to C$5.50. They now have an “outperform” rating on the stock.
  • 11/5/2018 – Baytex Energy had its price target lowered by analysts at TD Securities from C$6.00 to C$5.50. They now have a “buy” rating on the stock.
  • 11/5/2018 – Baytex Energy had its price target lowered by analysts at BMO Capital Markets from C$4.75 to C$3.50.
  • 11/5/2018 – Baytex Energy had its price target lowered by analysts at GMP Securities from C$8.00 to C$7.75.

BTE opened at C$2.00 on Wednesday. The company has a debt-to-equity ratio of 63.50, a quick ratio of 0.54 and a current ratio of 0.55. Baytex Energy Corp has a twelve month low of C$1.98 and a twelve month high of C$8.89.

Baytex Energy (TSE:BTE) (NYSE:BTE) last released its quarterly earnings data on Friday, November 2nd. The company reported C$0.07 earnings per share for the quarter. The company had revenue of C$436.76 million for the quarter. As a group, sell-side analysts expect that Baytex Energy Corp will post 0.379999979272728 EPS for the current fiscal year.

In other Baytex Energy news, Director David Lawrence Pearce sold 66,000 shares of the company’s stock in a transaction that occurred on Monday, November 19th. The shares were sold at an average price of C$2.61, for a total transaction of C$172,260.00. Also, insider Edward David Lafehr bought 41,494 shares of Baytex Energy stock in a transaction on Tuesday, November 20th. The shares were acquired at an average cost of C$2.41 per share, with a total value of C$100,000.54.

Baytex Energy Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. It offers heavy oil, heavy gravity crude oil, bitumen, light oil, and natural gas liquids. Its primary oil resource plays include the Eagle Ford in Texas, and the Peace River Oil Sands and Lloydminster heavy oil projects in North America.

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