Out of 17 analysts covering Bill Barrett Corporation (NYSE:BBG), 7 rate it “Buy”, 2 “Sell”, while 12 “Hold”. This means 33% are positive. Bill Barrett Corporation was the topic in 30 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Below is a list of Bill Barrett Corporation (NYSE:BBG) latest ratings and price target changes.
03/02/2016 Broker: Deutsche Bank Rating: Old Target: $3.50 New Target: $4.50 Target Up
27/01/2016 Broker: Ladenburg Thalmann Old Rating: Buy New Rating: Neutral Downgrade
21/01/2016 Broker: Deutsche Bank Rating: Old Target: $5.00 New Target: $3.50 Target Down
19/01/2016 Broker: Canaccord Genuity Rating: Old Target: $8.50 New Target: $7.00 Target Down
19/01/2016 Broker: KLR Rating: Old Target: $9.00 New Target: $8.00 Target Down
13/01/2016 Broker: Seaport Global Securities Old Rating: Accumulate New Rating: Neutral Downgrade
22/12/2015 Broker: KeyBanc Capital Markets Rating: New Target: $8.00 Target Down
09/12/2015 Broker: Deutsche Bank Rating: Buy Old Target: $8.00 New Target: $7.00 Maintain
13/11/2015 Broker: Barclays Capital Rating: Equal Weight Old Target: $6.00 New Target: $7.00 Target Up
13/11/2015 Broker: Howard Weil Old Rating: Sector Perform New Rating: Sector Outperform Old Target: $6 New Target: $11 Upgrade
The stock increased 9.26% or $0.46 on March 4, hitting $5.43. About 6.40M shares traded hands or 209.18% up from the average. Bill Barrett Corporation (NYSE:BBG) has declined 12.84% since July 30, 2015 and is downtrending. It has underperformed by 7.69% the S&P500.
Bill Barrett Corporation is an independent energy firm that develops, acquires and explores for oil and natural gas resources. The company has a market cap of $295.17 million. As of December 31, 2014, the Company had two key areas of production: The Denver-Julesburg Basin and the Uinta Oil Program in the Uinta Basin. It currently has negative earnings. The Company’s acreage positions in the DJ Basin are predominantly located in Colorado’s eastern plains and parts of southeastern Wyoming.
The institutional sentiment decreased to 0.93 in Q3 2015. Its down 0.26, from 1.19 in 2015Q2. The ratio turned negative, as 30 funds sold all Bill Barrett Corporation shares owned while 50 reduced positions. 21 funds bought stakes while 53 increased positions. They now own 60.56 million shares or 2.01% less from 61.80 million shares in 2015Q2.
Jvl Advisors L.L.C. holds 3.73% of its portfolio in Bill Barrett Corporation for 3.29 million shares. Icm Asset Management Inc Wa owns 353,830 shares or 1.88% of their US portfolio. Moreover, Netols Asset Management Inc. has 0.49% invested in the company for 659,668 shares. The California-based Lyon Street Capital Llc has invested 0.38% in the stock. Wasatch Advisors Inc, a Utah-based fund reported 6.33 million shares.
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