Media coverage about Sundance Energy Australia (NASDAQ:SNDE) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Sundance Energy Australia earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave news articles about the energy company an impact score of 46.1934166196122 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Sundance Energy Australia (SNDE) traded up $0.26 during midday trading on Thursday, hitting $6.46. The stock had a trading volume of 8,000 shares, compared to its average volume of 17,900. Sundance Energy Australia has a one year low of $3.61 and a one year high of $17.99.
A number of research firms have issued reports on SNDE. Zacks Investment Research raised Sundance Energy Australia from a “hold” rating to a “buy” rating and set a $6.25 target price for the company in a research report on Wednesday, December 27th. ValuEngine downgraded Sundance Energy Australia from a “sell” rating to a “strong sell” rating in a research report on Sunday. Seaport Global Securities upgraded Sundance Energy Australia from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 19th. Finally, Stifel Nicolaus set a $7.00 price target on Sundance Energy Australia and gave the company a “buy” rating in a research report on Thursday, October 5th. One analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $6.13.
About Sundance Energy Australia
Sundance Energy Australia Limited engages in the exploration, development, and production of oil and natural gas in the United States. The companys exploration and development activities are focused in the Eagle Ford project in the South-Texas-Gulf Coast Basin; and the Mississippian/Woodford Formations in Oklahoma.
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