Enerplus (TSE:ERF – Free Report) (NYSE:ERF) had its target price reduced by Stifel Nicolaus from C$30.50 to C$27.75 in a report published on Friday morning, BayStreet.CA reports. They currently have a buy rating on the oil and natural gas company’s stock.
Several other equities research analysts also recently issued reports on ERF. BMO Capital Markets boosted their price objective on Enerplus from C$22.00 to C$24.00 in a report on Monday, October 16th. ATB Capital cut their price target on Enerplus from C$27.00 to C$26.50 in a report on Tuesday, January 2nd. Scotiabank upped their price target on Enerplus from C$25.00 to C$27.00 and gave the stock a sector perform rating in a report on Friday, November 3rd. Desjardins cut their price target on Enerplus from C$23.00 to C$20.00 and set a buy rating on the stock in a report on Tuesday, January 23rd. Finally, Royal Bank of Canada upped their price objective on Enerplus from C$21.00 to C$22.00 and gave the stock an outperform rating in a research report on Monday, November 6th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of Moderate Buy and an average price target of C$24.75.
Enerplus Stock Performance
Enerplus Company Profile
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.
- Five stocks we like better than Enerplus
- How to Choose Top Rated Stocks
- 3 attractive stocks that insiders are buying
- Overbought Stocks Explained: Should You Trade Them?
- Alpha and Omega Semiconductor ready to bounce, DOJ cloud lifts
- Market Cap Calculator: How to Calculate Market Cap
- Wendy’s vs Shake Shack: Out with the new, in with the old?
Receive News & Ratings for Enerplus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerplus and related companies with MarketBeat.com's FREE daily email newsletter.