Raymond James analyst Jeremy Mccrea maintained a Buy rating on Baytex Energy (NYSE:BTE) on Wednesday, setting a price target of C$3.25, which is approximately 35.06% above the present share price of $1.94.
Mccrea expects Baytex Energy to post earnings per share (EPS) of -$0.06 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Baytex Energy, with an average price target of $2.14.
The analysts price targets range from a high of $2.82 to a low of $1.41.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $384.7 million and a net profit of $94.33 million. The company's market cap is $1.09 billion.
According to TipRanks.com, Raymond James analyst Jeremy Mccrea is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.9% and a 42.74% success rate.
Baytex Energy Corp . is an oil and gas exploration & production company, which engages in the acquisition, development and production of crude oil and natural gas. The company was founded on October 22, 2010 and is headquartered in Calgary, Canada.