Enerplus Corp (TSE:ERF) has been given an average recommendation of “Buy” by the thirteen brokerages that are currently covering the company. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$10.23.
ERF has been the topic of a number of recent research reports. Royal Bank Of Canada restated an “outperform” rating and issued a C$9.00 target price on shares of Enerplus Corp in a research note on Wednesday, June 22nd. Barclays PLC boosted their target price on Enerplus Corp from C$8.00 to C$10.00 in a research note on Wednesday, June 22nd. Desjardins set a C$9.25 target price on Enerplus Corp in a research note on Tuesday, June 28th. CIBC boosted their target price on Enerplus Corp from C$10.50 to C$11.50 in a research note on Wednesday, July 20th. Finally, TD Securities lowered their target price on Enerplus Corp from C$10.00 to C$9.50 and set a “buy” rating on the stock in a research note on Wednesday, June 22nd.
Shares of Enerplus Corp (TSE:ERF) opened at 9.53 on Wednesday. Enerplus Corp has a 52 week low of $2.68 and a 52 week high of $10.06. The firm’s 50-day moving average price is $8.75 and its 200-day moving average price is $7.79. The firm’s market cap is $2.29 billion.
The firm also recently disclosed a oct 16 dividend, which was paid on Friday, October 14th. Investors of record on Thursday, September 29th were given a dividend of $0.01 per share. The ex-dividend date was Tuesday, September 27th. This represents a dividend yield of 1.5%.
Enerplus Corp Company Profile
Enerplus Corporation is an energy producer. The Company’s capital program is focused on the development of its crude oil and natural gas core areas of operation, which includes its North Dakota and Montana crude oil assets in the Williston Basin, and its natural gas interests in northeast Pennsylvania.
Receive News & Ratings for Enerplus Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerplus Corp and related companies with MarketBeat.com's FREE daily email newsletter.