Analyst Price Target is C$6.45
▲ +36.94% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Birchcliff Energy in the last 3 months. The average price target is C$6.45, with a high forecast of C$9.00 and a low forecast of C$5.00. The average price target represents a 36.94% upside from the last price of C$4.71.
Current Consensus is
Hold
The current consensus among 10 investment analysts is to hold stock in Birchcliff Energy. This rating has held steady since March 2023, when it changed from a Moderate Buy consensus rating.
Birchcliff Energy Ltd is an intermediate oil and gas company that explores for, develops, and produces natural gas, light oil, and natural gas liquids. The company conducts its drilling program in resource plays located in the Peace River Arch region of Alberta. Birchcliff focuses on operating nearly all its high working production, which is surrounded by blocks of high working interest lands where it owns and/or controls the infrastructure. To get the full value out of its natural gas wells, several gas plants are completely owned and operated for gas processing purposes. Natural gas production accounts for the majority of Birchcliff's revenue.
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