Berry Petroleum (NASDAQ:BRY) Target Raised by UBS Group AG to $7.00

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Berry Petroleum stock has undergone multiple analysts rating changes in the recent past.  Berry Petroleum stock Target Raised by   UBS Group AG on 6/29/2020. In a note to investors, the firm issued a new target price of $7.00. The analysts previously had $4.50 target price. UBS Group AG’s price target would indicate a potential upside of 48.31% from the stock’s previous close.

Shares of Berry Petroleum traded up $0.19 on Monday, reaching $4.75. 243062 shares of the stock traded hands, compared to its average volume of 591836. Shares of were trading at $4.75 on Monday. The firm’s 50 day moving average is $4.23 and its 200 day moving average is 6.69.Berry Petroleum  has a 12 month low of $4.46 and a 12 month high of $11.72. While on yearly highs and lows, Berry Petroleum today has traded high as $4.86 and has touched $4.46 on the downward trend.

Berry Petroleum Earnings and What to expect: 

Berry Petroleum last posted its quarterly earnings results on May 6th, 2020. The energy company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. The firm earned $339.27 million during the quarter, compared to analyst estimates of $148.80 million. Berry Petroleum has generated $1.35 earnings per share over the last year. Berry Petroleum has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 5th, 2020 based off prior year’s report dates.

Earnings for Berry Petroleum are expected to decrease in the coming year, from $0.78 to ($0.48) per share. The P/E ratio of Berry Petroleum is -9.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Berry Petroleum is -9.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Berry Petroleum has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 1.00%
  • On 12/20/2019 Director Benefit Street Partners Llc Sell 16,830 at average share price of $9.15 which equates to $153,994.50 in money value.
  • On 12/11/2019 Director Benefit Street Partners Llc Sell 365,041 at average price of  $8.47 with total value of : Not Data Available
  • On 11/27/2019 Director Anne L Mariucci Buy 13,403 at average price of  $7.47 with total value of : $100,120.41
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Berry Petroleum

  • 6/25/2020 – Berry Petroleum had its price target raised by analysts at Wells Fargo & Co from $4.00 to $5.00. They now have an “equal weight” rating on the stock. ()
  • 6/25/2020 – Berry Petroleum was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating. ()
  • 6/11/2020 – Berry Petroleum was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating. ()
  • 5/21/2020 – Berry Petroleum was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating. ()
  • See More Analyst Rating at: RATING

Other rating updates by UBS Group AG: 

  • 6/29/2020 – Apache had its price target raised by analysts at UBS Group AG from $4.50 to $15.00. They now have a “neutral” rating on the stock. ()
  • 6/29/2020 – Continental Resources had its price target raised by analysts at UBS Group AG from $7.00 to $16.00. They now have a “neutral” rating on the stock. ()
  • 6/29/2020 – ConocoPhillips had its price target raised by analysts at UBS Group AG from $50.00 to $62.00. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Concho Resources had its price target raised by analysts at UBS Group AG from $74.00 to $99.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

Berry Petroleum (NASDAQ:BRY) Moving Average Technical Analysis

5 day Moving Average is $4.82 And 5 day price change is -0.26 (-5.13%)  with average volume for 5 day average is 512,020. While technical analysis for average 20 days shows significant difference, 20 day moving average is  5.15 and 20 day price change is 0.26 (0.0571) and average 20 day moving volume is 577,825. 50 day moving average is 4.23  and 50 day price change is 2.49 ( 1.0778)  and with average volume for 50 days is : 592,216. 200 day moving average is 6.69  and 200 day price change is -4.91 (-50.51%)  and with average volume for 200 days is : 788,872.

See More Analyst Rating at: RATING