Baytex Energy Corp found using ticker (BTE) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 6.6 and 5.5 with a mean TP of 5.96. Given that the stocks previous close was at 4.21 this indicates there is a potential upside of 41.6%. The day 50 moving average is 4.37 while the 200 day moving average is 4.89. The market capitalisation for the company is $2,309m. You can visit the company’s website by visiting: https://www.baytexenergy.com
The potential market cap would be $3,269m based on the market concensus.
Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Texas, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. Its principal oil and natural gas properties comprise the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. The company’s properties also include conventional oil and natural gas assets in Western Canada. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.
