Seaport Global Securities upgraded shares of Lonestar Resources US (NASDAQ:LONE) from a neutral rating to a buy rating in a report issued on Friday, MarketBeat reports.
Other research analysts have also issued research reports about the stock. Roth Capital set a $7.00 price target on shares of Lonestar Resources US and gave the company a buy rating in a research note on Thursday, December 21st. Zacks Investment Research upgraded shares of Lonestar Resources US from a sell rating to a buy rating and set a $4.00 price target on the stock in a research note on Friday, October 27th. Northland Securities set a $7.00 price target on shares of Lonestar Resources US and gave the company a buy rating in a research note on Monday, December 11th. ValuEngine upgraded shares of Lonestar Resources US from a strong sell rating to a sell rating in a research note on Wednesday, January 3rd. Finally, Cowen restated a buy rating and set a $7.00 price target on shares of Lonestar Resources US in a research note on Thursday, September 28th. One research analyst has rated the stock with a sell rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $7.68.
Shares of Lonestar Resources US (NASDAQ LONE) traded up $0.61 during trading on Friday, reaching $5.10. 498,879 shares of the company’s stock were exchanged, compared to its average volume of 238,400. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.57 and a quick ratio of 0.57. Lonestar Resources US has a twelve month low of $2.43 and a twelve month high of $8.70. The firm has a market cap of $110.03, a price-to-earnings ratio of -0.61 and a beta of 1.86.
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Lonestar Resources US Company Profile
Lonestar Resources Limited is an Australia-based oil and gas exploration and production company. The Company is involved in the exploration, production and acquisition of unconventional oil and gas reserves. It holds interests in approximately 38,191 net acres in the Eagle Ford Shale, Bakken and Three Forks plays.
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