Imperial Capital assumed coverage on shares of SUNDANCE ENERGY/S (NASDAQ:SNDE) in a report published on Thursday, The Fly reports. The firm issued an outperform rating and a $6.00 target price on the energy company’s stock.
SNDE has been the subject of several other reports. Zacks Investment Research upgraded SUNDANCE ENERGY/S from a sell rating to a hold rating in a report on Friday, February 15th. Northland Securities reiterated a buy rating and issued a $8.00 price target on shares of SUNDANCE ENERGY/S in a report on Thursday, March 21st. Finally, Ifs Securities reiterated a strong-buy rating on shares of SUNDANCE ENERGY/S in a report on Sunday, February 3rd. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of $7.70.
Shares of NASDAQ SNDE opened at $3.05 on Thursday. SUNDANCE ENERGY/S has a 12-month low of $2.12 and a 12-month high of $6.76.
About SUNDANCE ENERGY/S
Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.
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