Emerald Oil (NYSE:EOX)‘s stock had its “buy” rating reiterated by stock analysts at SunTrust in a report issued on Tuesday, Stock Ratings Network reports. They currently have a $9.00 target price on the stock. SunTrust’s price objective points to a potential upside of 22.12% from the company’s current price.
A number of other firms have also recently commented on EOX. Analysts at Northland Securities raised their price target on shares of Emerald Oil (NYSE:EOX) from $8.00 to $11.00 in a research note to investors on Thursday, August 8th. Analysts at Northland Capital Partners raised their price target on shares of Emerald Oil (NYSE:EOX) from $8.00 to $11.00 in a research note to investors on Thursday, August 8th. They now have an “outperform” rating on the stock.
Nine equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price of $9.12.
Shares of Emerald Oil (NYSE:EOX) traded up 5.59% on Tuesday, hitting $7.37. The stock had a trading volume of 1,199,051 shares. Emerald Oil has a 1-year low of $3.90 and a 1-year high of $8.19. The stock has a 50-day moving average of $7.00 and a 200-day moving average of $6.71. The company’s market cap is $312.9 million.
Emerald Oil (NYSE:EOX) last posted its quarterly earnings results on Tuesday, August 6th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.18. During the same quarter in the previous year, the company posted $0.13 earnings per share. On average, analysts predict that Emerald Oil will post $-0.49 earnings per share for the current fiscal year.
Emerald Oil, Inc, formerly Voyager Oil & Gas, Inc is an independent oil and natural gas exploration and production company.