SUNDANCE ENERGY/S (NASDAQ:SNDE) Given a $5.00 Price Target at Northland Securities

Northland Securities set a $5.00 price target on SUNDANCE ENERGY/S (NASDAQ:SNDE) in a research report released on Friday, TipRanks reports. The brokerage currently has a buy rating on the energy company’s stock.

A number of other equities analysts also recently commented on the stock. Imperial Capital assumed coverage on shares of SUNDANCE ENERGY/S in a report on Thursday, May 2nd. They set an outperform rating and a $6.00 price objective for the company. Seaport Global Securities reaffirmed a buy rating on shares of SUNDANCE ENERGY/S in a report on Friday, June 21st. ValuEngine raised shares of SUNDANCE ENERGY/S from a sell rating to a hold rating in a report on Thursday, August 1st. Zacks Investment Research raised shares of SUNDANCE ENERGY/S from a sell rating to a hold rating in a report on Friday, April 26th. Finally, SunTrust Banks downgraded shares of SUNDANCE ENERGY/S to a hold rating in a report on Monday, July 8th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $7.50.

Shares of NASDAQ:SNDE traded down $0.02 during midday trading on Friday, reaching $1.12. 3,300 shares of the company’s stock were exchanged, compared to its average volume of 21,045. The company’s 50 day simple moving average is $1.54 and its two-hundred day simple moving average is $2.44. SUNDANCE ENERGY/S has a 12 month low of $1.11 and a 12 month high of $6.75.

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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Analyst Recommendations for SUNDANCE ENERGY/S (NASDAQ:SNDE)

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