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Beach Energy (BEPTF) Receives a Hold from Morgans

Beach Energy (BEPTF) Receives a Hold from Morgans

Morgans analyst Adrian Prendergast maintained a Hold rating on Beach Energy today and set a price target of A$1.35. The company's shares closed last Monday at $0.89.
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Prendergast covers the Energy sector, focusing on stocks such as Beach Energy , Santos Limited, and Empire Energy Group Limited. According to TipRanks, Prendergast has an average return of 11.4% and a 51.41% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Beach Energy with a $0.88 average price target, representing a -0.81% downside. In a report released on July 8, RBC Capital also maintained a Hold rating on the stock with a A$1.30 price target.
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