Canaccord Genuity Sticks to Their Hold Rating for Baytex Energy (BTE)
In a report released yesterday, from Canaccord Genuity reiterated a Hold rating on Baytex Energy, with a price target of C$4.75. The company’s shares closed yesterday at C$4.61.
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In addition to Canaccord Genuity, Baytex Energy also received a Hold from ATB Capital Markets’s Amir Arif in a report issued today. However, yesterday, BMO Capital maintained a Buy rating on Baytex Energy (NYSE: BTE).
The company has a one-year high of C$4.89 and a one-year low of C$1.91. Currently, Baytex Energy has an average volume of 6.4M.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BTE in relation to earlier this year.
Read More on BTE:
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