The stock of Baytex Energy Corp (USA) (NYSE:BTE) is a huge mover today! The stock decreased 3.76% or $0.17 during the last trading session, hitting $4.35. About 2.79M shares traded hands. Baytex Energy Corp (USA) (NYSE:BTE) has declined 9.38% since September 9, 2015 and is downtrending. It has underperformed by 16.62% the S&P500. The move comes after 5 months negative chart setup for the $902.30M company. It was reported on Apr, 15 by Barchart.com. We have $3.96 PT which if reached, will make NYSE:BTE worth $81.21 million less.
Out of 6 analysts covering Baytex Energy Trust (NYSE:BTE), 2 rate it “Buy”, 0 “Sell”, while 5 “Hold”. This means 29% are positive. Baytex Energy Trust was the topic in 19 analyst reports since July 21, 2015 according to StockzIntelligence Inc.
According to Zacks Investment Research, “Baytex Energy Trust is a conventional oil and gas income trust focused on maintaining its production and asset base through internal property development and delivering consistent returns to its unitholders.”
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