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Bill Barrett Corp. Receives New Coverage from Analysts at Iberia Capital (BBG)

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Bill Barrett Corp. logoIberia Capital began coverage on shares of Bill Barrett Corp. (NYSE:BBG) in a report issued on Tuesday, American Banking & Market News reports. The firm issued an outperform rating on the stock.

BBG has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity initiated coverage on shares of Bill Barrett Corp. (NYSE:BBG) in a research note to investors on Monday, August 19th. They set a buy rating and a $28.00 price target on the stock. Separately, analysts at SunTrust cut their price target on shares of Bill Barrett Corp. (NYSE:BBG) from $29.00 to $28.00 in a research note to investors on Monday, August 5th. Finally, analysts at Morgan Stanley initiated coverage on shares of Bill Barrett Corp. (NYSE:BBG) in a research note to investors on Thursday, July 18th. They set an overweight rating and a $30.00 price target on the stock.

One analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. Bill Barrett Corp. currently has an average rating of Hold and a consensus target price of $26.63.

Shares of Bill Barrett Corp. (NYSE:BBG) remained flat at $24.81 during during mid-day trading trading on Tuesday. The stock had a trading volume of 207,717 shares. Bill Barrett Corp. has a one year low of $15.50 and a one year high of $26.46. The stock’s 50-day moving average is $22.17 and its 200-day moving average is $21.39. The company’s market cap is $1.179 billion.

Bill Barrett Corporation explores for and develops oil and natural gas in the Rocky Mountain region of the United States.


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