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Baytex Energy logo Baytex Energy Corp (TSE:BTE) (NYSE:BTE)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.96 and traded as low as $1.47. Baytex Energy shares last traded at $1.47, with a volume of 2,060,856 shares changing hands. Several analysts recently weighed in on the stock. Laurentian cut their price objective on shares of Baytex Energy from C$5.00 to C$4.50 in a research report on Wednesday, July 24th. Royal Bank of Canada cut their price objective on shares of Baytex Energy from C$3.00 to C$2.50 in a research report on Friday, October 18th. CIBC cut their price objective on shares of Baytex Energy from C$4.00 to C$3.00 in a research report on Tuesday, October 15th. Finally, Raymond James reiterated a “market perform” rating and issued a C$2.00 price objective on shares of Baytex Energy in a research report on Monday, November 4th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$3.58. The stock has a market capitalization of […]
