Analyst Coverage Change
The following are today’s research report results from the 9 analysts covering Birchcliff Energy:
- Scotia Capital: Maintains Sector Perform rating, CAD 13 target
- TD Securities: Target Downgrade to Buy, CAD 9 target
- National Bank Financial: Maintains Outperform rating, CAD 11 target
- STA Research: Maintains Hold rating, CAD 8 target
- Eight Capital: Target Downgrade to NA, CAD 12 target
- CIBC World Markets: Target Downgrade to Outperform, CAD 9 target
- Stifel Nicolaus: Downgrade to Hold, CAD 8 target
- ATB Capital Markets: Target Downgrade to NA, CAD 11.5 target
- RBC: Maintains Outperform rating, CAD 12 target
Overall, there is a mixed sentiment among the analysts, with some remaining bullish on the stock, while others are more cautious, with several downgrading their ratings and target prices.
BIR Stock Forecast & Analysis
The average analyst target price for Birchcliff Energy Ltd. is CAD 11.93 over the next 12 months, with an average analyst rating of Buy. Stock Target Advisor’s own analysis is slightly bearish, based on 4 positive signals and 5 negative signals. The stock price of Birchcliff Energy Ltd. at the last closing was CAD 8.02, which has decreased by -8.66% over the past week and -6.96% over the past month, but has increased by +23.20% over the last year.
Birchcliff Energy Fundamental Analysis
Bullish Fundamentals:
- Superior return on assets, placing it in the top quartile compared to its peers.
- Positive cash flow and free cash flow in the past four quarters.
- Superior earnings growth compared to its sector in the previous five years.
Bearish Fundamentals:
- High volatility in total returns in the past five years, which could be a concern for investors with low risk tolerance.
- Below median total returns compared to its peers in the past five years.
- Overpriced on cash flow basis compared to its peers, which could make it a less attractive investment option.
- Poor capital utilization with below median return on invested capital compared to its peers in the past four quarters.
- Highly leveraged compared to its sector peers, which could indicate that the company is trying to grow aggressively, but could also pose some risk to investors.
FA Score (Fundamental Analysis):
The fundamental Analysis Score of Birchcliff Energy is slightly “Bearish” with a FA score of 4,4 out of 10, where 10 is very bullish.
