Enerplus Corporation with ticker code (ERF) now have 10 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 25.13 and 14.21 calculating the average target price we see $18.92. Given that the stocks previous close was at $15.21 this is indicating there is a potential upside of 24.4%. The 50 day MA is $15.46 and the 200 moving average now moves to $15.73. The total market capitalization for the company now stands at $3,247m. Visit the company website at: https://www.enerplus.com
The potential market cap would be $4,039m based on the market consensus.
Enerplus Corporation, together with subsidiaries, acquires, develops, and explores crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.
The company has a dividend yield of 1.4% with the ex dividend date set at 3-3-2023 (DMY).
Other points of data to note are a P/E ratio of 3.97, revenue per share of 9.35 and a 34.66% return on assets.
