ValuEngine upgraded shares of Lonestar Resources US (NASDAQ:LONE) from a strong sell rating to a sell rating in a research note issued to investors on Wednesday morning.
A number of other research analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Lonestar Resources US from a strong-buy rating to a hold rating in a research report on Wednesday, October 11th. Northland Securities set a $7.00 price target on shares of Lonestar Resources US and gave the company a buy rating in a research report on Monday, December 11th. Cowen reaffirmed a buy rating and set a $7.00 price target on shares of Lonestar Resources US in a research report on Thursday, September 28th. Finally, Roth Capital set a $7.00 price target on shares of Lonestar Resources US and gave the company a buy rating in a research report on Thursday, December 21st. One analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Lonestar Resources US currently has a consensus rating of Buy and a consensus target price of $7.68.
Lonestar Resources US (NASDAQ:LONE) traded up $0.05 on Wednesday, hitting $4.49. 113,100 shares of the company traded hands, compared to its average volume of 201,100. 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 capitalization of $109.91, a PE ratio of -0.54 and a beta of 1.86.
COPYRIGHT VIOLATION WARNING: “Lonestar Resources US (LONE) Upgraded to “Sell” at ValuEngine” was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece on another domain, it was illegally copied and republished in violation of international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2018/01/05/lonestar-resources-us-lone-upgraded-to-sell-at-valuengine.html.
About Lonestar Resources US
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.
Receive News & Ratings for Lonestar Resources US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lonestar Resources US and related companies with MarketBeat.com's FREE daily email newsletter.