Bill Barrett Corporation (NYSE:BBG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.67 by 15 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 12 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Deutsche Bank maintains their rating on the shares of Bill Barrett Corporation (NYSE:BBG). The current rating of the shares is Hold. Equity Analysts at the Firm raises the price target to $9 per share from $8 per share. The rating by the firm was issued on June 14, 2016.
Bill Barrett Corporation (NYSE:BBG): The mean short term price target for Bill Barrett Corporation (NYSE:BBG) has been established at $8.23 per share. The higher price target estimate is at $15 and the lower price target estimate is expected at $6 according to 13 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.6
Bill Barrett Corporation (NYSE:BBG) rose 0.41% or 0.03 points on Tuesday and made its way into the gainers of the day. After trading began at $7.26 the stock was seen hitting $7.42 as a peak level and $7.12 as the lowest level. The stock ended up at $7.33. The daily volume was measured at 1,610,216 shares. The 52-week high of the share price is $9.38 and the 52-week low is $2.19. The company has a market cap of $369 million.
Bill Barrett Corp. has lost 0.74% in the last five trading days and dropped 1.53% in the last 4 weeks. Bill Barrett Corp. is up 28.47% in the last 3-month period. Year-to-Date the stock performance stands at 89.92%.
Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. As of December 31, 2014, the Company had two key areas of production: The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin. The Companys acreage positions in the DJ Basin are predominantly located in Colorados eastern plains and parts of southeastern Wyoming. As of December 31, 2014, DJ Basins estimated proved reserves were 73.1 MMBoe (million barrels of oil equivalent). DJ Basins had interests in 388 gross (250.2 net) producing wells as of December 31, 2014. The Uinta Basin is located in northeastern Utah. As of December 31, 2014, Uinta Basins estimated proved reserves were 48.1 MMBoe (million barrels of oil equivalent). Uinta Basin had interests in 350 gross (200.8 net) producing wells as of December 31, 2014.