KeyBanc analyst Leo Mariani maintained a Buy rating on Bonanza Creek (NYSE:BCEI) Energy Inc. on Tuesday, setting a price target of $40, which is approximately 8.11% above the present share price of $37.
Mariani expects Bonanza Creek Energy Inc . to post earnings per share (EPS) of $2.91 for the second quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Bonanza Creek, with an average price target of $40.
The analysts price targets range from a high of $40 to a low of $40.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $62.64 million and a net profit of $14.49 million. The company's market cap is $1.12 billion.
According to TipRanks.com, KeyBanc analyst Leo Mariani is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.3% and a 50.20% success rate.
Bonanza Creek Energy, Inc. engages in the acquisition, exploration, development, and production of onshore oil and associated liquids. It holds interest in Wattenberg Field, Niobrara and Codell formations, and in Southern Arkansas, focused on oily Cotton Valley sands. The company was founded on December 2, 2010 and is headquartered in Denver, CO.