Baytex Energy Corp with ticker code (BTE) now have 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 6.58 and 4.02 and has a mean target at $5.61. Given that the stocks previous close was at $3.78 this is indicating there is a potential upside of 48.4%. The day 50 moving average is $3.89 and the 200 day MA is $4.57. The total market capitalization for the company now stands at $2,056m. Visit the company website at: https://www.baytexenergy.com
The potential market cap would be $3,051m 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 3.43, revenue per share of 4.17 and a 12.85% return on assets.
