BMO Capital Markets Analysts Give Sanchez Energy Corporation (SN) a $5.00 Price Target

Sanchez Energy Corporation (NYSE:SN) has been given a $5.00 price target by analysts at BMO Capital Markets in a note issued to investors on Tuesday. The brokerage presently has a “hold” rating on the energy producer’s stock. BMO Capital Markets’ target price points to a potential upside of 11.11% from the stock’s current price.

Several other research analysts also recently weighed in on SN. Zacks Investment Research downgraded shares of Sanchez Energy Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Royal Bank Of Canada reiterated a “buy” rating and issued a $10.00 price target on shares of Sanchez Energy Corporation in a research report on Thursday, July 20th. BidaskClub downgraded shares of Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Capital One Financial Corporation downgraded shares of Sanchez Energy Corporation from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 26th. Finally, ValuEngine downgraded shares of Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. Sanchez Energy Corporation currently has a consensus rating of “Hold” and an average price target of $10.44.

Sanchez Energy Corporation (NYSE SN) opened at $4.50 on Tuesday. The company has a debt-to-equity ratio of -3.72, a current ratio of 0.88 and a quick ratio of 0.88. Sanchez Energy Corporation has a 52-week low of $3.58 and a 52-week high of $14.39.

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In related news, EVP Patricio D. Sanchez bought 222,000 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was bought at an average cost of $4.51 per share, with a total value of $1,001,220.00. Following the completion of the purchase, the executive vice president now owns 473,485 shares of the company’s stock, valued at approximately $2,135,417.35. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Eduardo Augusto Sanchez bought 100,000 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The shares were bought at an average cost of $4.77 per share, with a total value of $477,000.00. Following the completion of the purchase, the president now directly owns 1,235,981 shares of the company’s stock, valued at approximately $5,895,629.37. The disclosure for this purchase can be found here. Insiders have purchased 742,000 shares of company stock valued at $3,379,220 over the last ninety days. 14.70% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of SN. Raymond James Financial Services Advisors Inc. lifted its position in Sanchez Energy Corporation by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 50,374 shares of the energy producer’s stock valued at $362,000 after purchasing an additional 231 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in Sanchez Energy Corporation by 6.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 25,400 shares of the energy producer’s stock valued at $182,000 after purchasing an additional 1,650 shares during the last quarter. Stratos Wealth Partners LTD. lifted its position in Sanchez Energy Corporation by 7.4% during the second quarter. Stratos Wealth Partners LTD. now owns 40,835 shares of the energy producer’s stock valued at $293,000 after purchasing an additional 2,800 shares during the last quarter. Metropolitan Life Insurance Co. NY lifted its position in Sanchez Energy Corporation by 7.7% during the first quarter. Metropolitan Life Insurance Co. NY now owns 46,930 shares of the energy producer’s stock valued at $448,000 after purchasing an additional 3,368 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its position in Sanchez Energy Corporation by 1.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 301,467 shares of the energy producer’s stock valued at $2,165,000 after purchasing an additional 3,725 shares during the last quarter. 67.54% of the stock is owned by institutional investors.

About Sanchez Energy Corporation

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

Analyst Recommendations for Sanchez Energy Corporation (NYSE:SN)

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