Several other research firms have also issued reports on BTE. Zacks Investment Research upgraded shares of Baytex Energy from a sell rating to a hold rating in a research report on Tuesday, November 7th. AltaCorp Capital lowered shares of Baytex Energy from an outperform rating to a sector perform rating in a research report on Friday, October 6th. Canaccord Genuity reaffirmed a buy rating and set a $4.25 price objective on shares of Baytex Energy in a research note on Thursday, November 2nd. ValuEngine downgraded shares of Baytex Energy from a sell rating to a strong sell rating in a research note on Friday, September 1st. Finally, Barclays downgraded shares of Baytex Energy from an equal weight rating to an underweight rating in a research note on Monday, October 30th. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. Baytex Energy has an average rating of Hold and an average target price of $6.80.
Shares of Baytex Energy (NYSE:BTE) opened at $3.52 on Monday. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.74 and a quick ratio of 0.74. Baytex Energy has a 1 year low of $2.13 and a 1 year high of $5.61.
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Baytex Energy Company Profile
Baytex Energy Corp. (Baytex) is engaged in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets in Canada (Alberta and Saskatchewan) and in the United States (Texas). The Company’s crude oil and natural gas operations are organized into four business units: Lloydminster, Peace River, Conventional and United States.
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