Sanchez Energy Corporation (SN) Given a $5.00 Price Target by BMO Capital Markets Analysts

BMO Capital Markets set a $5.00 price objective on Sanchez Energy Corporation (NYSE:SN) in a research note released on Tuesday morning. The firm currently has a hold rating on the energy producer’s stock.

Other analysts have also issued reports about the stock. Piper Jaffray Companies reiterated a neutral rating and issued a $6.00 price target (down from $14.00) on shares of Sanchez Energy Corporation in a research report on Monday, September 18th. SunTrust Banks, Inc. restated a hold rating and set a $5.00 target price on shares of Sanchez Energy Corporation in a research report on Friday, October 20th. Zacks Investment Research upgraded shares of Sanchez Energy Corporation from a hold rating to a buy rating and set a $4.75 target price on the stock in a research report on Thursday, October 19th. Stifel Nicolaus set a $5.00 target price on shares of Sanchez Energy Corporation and gave the stock a hold rating in a research report on Thursday, October 5th. Finally, Seaport Global Securities upgraded shares of Sanchez Energy Corporation from a sell rating to a neutral rating and set a $4.50 target price on the stock in a research report on Wednesday, October 4th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $10.44.

Shares of Sanchez Energy Corporation (NYSE SN) opened at $4.99 on Tuesday. Sanchez Energy Corporation has a 1 year low of $3.58 and a 1 year high of $14.39. The company has a debt-to-equity ratio of -3.72, a quick ratio of 0.88 and a current ratio of 0.88.

TRADEMARK VIOLATION NOTICE: “Sanchez Energy Corporation (SN) Given a $5.00 Price Target by BMO Capital Markets Analysts” was originally reported by BBNS and is owned by of BBNS. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://baseballnewssource.com/markets/sanchez-energy-corporation-sn-given-a-5-00-price-target-by-bmo-capital-markets-analysts/1783027.html.

In other Sanchez Energy Corporation news, CEO Antonio R. Sanchez III bought 100,000 shares of the business’s stock in a transaction dated Wednesday, September 13th. The shares were acquired at an average price of $4.45 per share, with a total value of $445,000.00. Following the purchase, the chief executive officer now owns 1,494,783 shares in the company, valued at approximately $6,651,784.35. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, insider Patricio D. Sanchez bought 320,000 shares of the business’s stock in a transaction dated Friday, September 15th. The stock was acquired at an average cost of $4.55 per share, for a total transaction of $1,456,000.00. Following the purchase, the insider now owns 473,485 shares in the company, valued at approximately $2,154,356.75. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 742,000 shares of company stock worth $3,379,220. 14.70% of the stock is owned by company insiders.

Several hedge funds have recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. raised its stake in shares of Sanchez Energy Corporation by 0.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 50,374 shares of the energy producer’s stock valued at $362,000 after acquiring an additional 231 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in shares of Sanchez Energy Corporation by 6.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 25,400 shares of the energy producer’s stock valued at $182,000 after acquiring an additional 1,650 shares during the period. Stratos Wealth Partners LTD. raised its stake in shares of Sanchez Energy Corporation by 7.4% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 40,835 shares of the energy producer’s stock valued at $293,000 after acquiring an additional 2,800 shares during the period. Metropolitan Life Insurance Co. NY raised its stake in shares of Sanchez Energy Corporation by 7.7% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 46,930 shares of the energy producer’s stock valued at $448,000 after acquiring an additional 3,368 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Sanchez Energy Corporation by 1.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 301,467 shares of the energy producer’s stock valued at $2,165,000 after acquiring an additional 3,725 shares during the period. 67.54% of the stock is currently owned by institutional investors and hedge funds.

About Sanchez Energy Corporation

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

Analyst Recommendations for Sanchez Energy Corporation (NYSE:SN)

Receive News & Ratings for Sanchez Energy Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sanchez Energy Corporation and related companies with our FREE daily email newsletter.

 


Latest News

Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts


Leave a Reply

 
© 2006-2017 BBNS.