LRR Energy Upgraded to “Buy” by Stifel Nicolaus (LRE) - Mideast Time
LRR Energy (NYSE:LRE) was upgraded by equities research analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm currently has a $18.50 price target on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 4.58% from the stock’s previous close. usps contact
The analysts wrote, “We usps contact are transferring coverage from our colleague usps contact Dan Guffey and raising our rating usps contact to Buy from Hold. We believe investors stand to benefit from management’s focus on acquiring long-lived, low-risk properties, and we expect the partnership to continue to evaluate assets from LRR, Lime Rock Resources, and third parties. We highlight the recent Stroud Prue Sand Unit acquisition as the partnership’s first third-party acquisition.”
Shares of LRR Energy ( NYSE:LRE ) traded up 0.73% on Monday, hitting $17.82. 12,943 shares of the company’s stock traded hands. LRR Energy usps contact has a 52-week low of $15.63 and a 52-week high of $20.11. The stock has a 50-day moving average of $18.42 and a 200-day moving average of $17.81. The company’s market cap is $489.1 million.
LRR Energy (NYSE:LRE) last released its earnings data on Thursday, July 31st. The company reported ($0.27) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.30 by $0.57. The company had revenue of $30.68 million for the quarter, compared to the consensus estimate of $32.96 million. During the same quarter last year, the company posted $0.78 earnings per share. LRR Energy’s revenue was down 57.9% compared to the same quarter last year. On average, analysts predict that LRR Energy will post $0.55 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Wunderlich usps contact raised their price target usps contact on shares of LRR Energy from $18.00 to $20.00 in a research note on Wednesday, September 3rd. They now have a “hold” rating on the stock. Separately, analysts usps contact at Wells Fargo & Co. downgraded shares of LRR Energy from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 5th. Finally, usps contact analysts at Zacks downgraded shares of LRR Energy from an “outperform” rating to a “neutral” rating in a research usps contact note on Friday, August 1st. They now have a $21.30 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating usps contact of “Hold” and an average target price of $18.97.
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Provident Financial Holdings Receives Average Recommendation of “Hold” from Analysts (NASDAQ:PROV) Inphi Receives Consensus Rating of “Buy” from Brokerages (NASDAQ:IPHI) Fidessa Group plc Receives Average Recommendation of “Hold” usps contact from Brokerages (LON:FDSA) Charles River Laboratories Receives Average Rating of “Hold” from Analysts (NYSE:CRL) John Kerry Visiting Cairo for Discussions About Rebuilding Gaza Advertisement
October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 March 2014 February usps contact 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012
aminsheedi on Saudi Changes Reshape Mecca aminsheedi on U.S. Not in Agreement with Netanyahu on IS and Iran Comments shane on Insider Selling: Andrew D. Perlman Unloads usps contact 28,385 Shares of Vringo usps contact Stock (VRNG) wavettore on U.S. Not in Agreement with Netanyahu on IS and Iran Comments
LRR Energy (NYSE:LRE) was upgraded by equities research analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm currently has a $18.50 price target on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 4.58% from the stock’s previous close. usps contact
The analysts wrote, “We usps contact are transferring coverage from our colleague usps contact Dan Guffey and raising our rating usps contact to Buy from Hold. We believe investors stand to benefit from management’s focus on acquiring long-lived, low-risk properties, and we expect the partnership to continue to evaluate assets from LRR, Lime Rock Resources, and third parties. We highlight the recent Stroud Prue Sand Unit acquisition as the partnership’s first third-party acquisition.”
Shares of LRR Energy ( NYSE:LRE ) traded up 0.73% on Monday, hitting $17.82. 12,943 shares of the company’s stock traded hands. LRR Energy usps contact has a 52-week low of $15.63 and a 52-week high of $20.11. The stock has a 50-day moving average of $18.42 and a 200-day moving average of $17.81. The company’s market cap is $489.1 million.
LRR Energy (NYSE:LRE) last released its earnings data on Thursday, July 31st. The company reported ($0.27) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.30 by $0.57. The company had revenue of $30.68 million for the quarter, compared to the consensus estimate of $32.96 million. During the same quarter last year, the company posted $0.78 earnings per share. LRR Energy’s revenue was down 57.9% compared to the same quarter last year. On average, analysts predict that LRR Energy will post $0.55 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Wunderlich usps contact raised their price target usps contact on shares of LRR Energy from $18.00 to $20.00 in a research note on Wednesday, September 3rd. They now have a “hold” rating on the stock. Separately, analysts usps contact at Wells Fargo & Co. downgraded shares of LRR Energy from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 5th. Finally, usps contact analysts at Zacks downgraded shares of LRR Energy from an “outperform” rating to a “neutral” rating in a research usps contact note on Friday, August 1st. They now have a $21.30 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating usps contact of “Hold” and an average target price of $18.97.
Receive News & Ratings for LRR Energy Daily - Enter your email address below to receive a concise daily summary usps contact of the latest news and analysts' ratings for LRR Energy and related companies with Analyst Ratings Network's FREE daily email newsletter .
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Provident Financial Holdings Receives Average Recommendation of “Hold” from Analysts (NASDAQ:PROV) Inphi Receives Consensus Rating of “Buy” from Brokerages (NASDAQ:IPHI) Fidessa Group plc Receives Average Recommendation of “Hold” usps contact from Brokerages (LON:FDSA) Charles River Laboratories Receives Average Rating of “Hold” from Analysts (NYSE:CRL) John Kerry Visiting Cairo for Discussions About Rebuilding Gaza Advertisement
October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 March 2014 February usps contact 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012
aminsheedi on Saudi Changes Reshape Mecca aminsheedi on U.S. Not in Agreement with Netanyahu on IS and Iran Comments shane on Insider Selling: Andrew D. Perlman Unloads usps contact 28,385 Shares of Vringo usps contact Stock (VRNG) wavettore on U.S. Not in Agreement with Netanyahu on IS and Iran Comments
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