Baytex Energy Corp with ticker code (BTE) have now 6 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 6.66 and 4.07 calculating the mean target price we have $5.67. Now with the previous closing price of $4.06 this indicates there is a potential upside of 39.7%. It’s also worth noting that there is a 50 day moving average of $3.95 while the 200 day moving average is $4.59. The market cap for the company is $2,231m. Visit the company website at: https://www.baytexenergy.com
The potential market cap would be $3,116m based on the market consensus.
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It holds interest in the Eagle Ford property in Texas; Viking and Lloydminster properties in Alberta and Saskatchewan; and Peace River and Duvernay properties in Alberta. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 3.59, revenue per share of 4.17 and a 12.85% return on assets.
