Scotiabank analyst Jason Bouvier maintained a Hold rating on Baytex Energy (BTE – Research Report) today and set a price target of C$6.00. The company’s shares closed yesterday at $3.74.
Bouvier covers the Energy sector, focusing on stocks such as Cenovus Energy, Crescent Point Energy, and Baytex Energy. According to TipRanks, Bouvier has an average return of 19.3% and a 61.59% success rate on recommended stocks.
Currently, the analyst consensus on Baytex Energy is a Moderate Buy with an average price target of $4.77.
The company has a one-year high of $4.60 and a one-year low of $2.85. Currently, Baytex Energy has an average volume of 10.35M.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BTE in relation to earlier this year.
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Baytex Energy (BTE) Company Description:
Baytex Energy Corp. is an oil and gas exploration & production company, which engages in the acquisition, development and production of crude oil and natural gas. The company was founded on October 22, 2010 and is headquartered in Calgary, Canada.
