Impact of Brokerage Rating on Synergy Resources Corporation(SYRG)

Many Synergy Resources Corporation(SYRG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Synergy Resources Corp was Downgraded by Citigroup to Neutral on Jan 4, 2017. Synergy Resources Corp was Downgraded by Seaport Global Securities to Accumulate on Dec 9, 2016. Synergy Resources Corp was Downgraded by KLR Group to Accumulate on Nov 28, 2016.

Company has reported several Insider transactions to the SEC, on Jan 26, 2017, Nicholas Spence (COO) purchased 600 shares at 8.89 per share price.On Oct 6, 2016, Lynn A Peterson (CEO) purchased 49,071 shares at 6.00 per share price.On Oct 6, 2016, Daniel E Kelly (director) purchased 15,000 shares at 6.49 per share price.

Synergy Resources Corp Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.00. The company had revenue of $26.20 million for the quarter, compared to analysts expectations of $26.07 million. The companys revenue was down -21.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.05 EPS.

Synergy Resources Corporation (NYSEMKT:SYRG) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.31 by 16 Brokerage Firm. 13 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.

Synergy Resources Corporation (NYSEMKT:SYRG) stock has received a short term price target of $ 10.38 from 16 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $1.87. The higher estimate of target price is $14 , while the lower price target estimate is $6

Synergy Resources Corporation (NYSEMKT:SYRG) rose 1.87% or 0.16 points on Tuesday and made its way into the gainers of the day. After trading began at $8.57 the stock was seen hitting $8.72 as a peak level and $8.5 as the lowest level. The stock ended up at $8.7. The daily volume was measured at 1,615,646 shares. The 52-week high of the share price is $10.38 and the 52-week low is $5.305. The company has a market cap of $1,745 million.

Synergy Resources Corporation operates as an oil and natural gas company engaged in the exploration and production of oil and natural gas in the Denver-Julesburg Basin. Synergy Resources Corporation has its corporate offices located in Platteville, Colorado.


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