Analyst Price Target is $12.33
▲ +61.85% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Berry in the last 3 months. The average price target is $12.33, with a high forecast of $13.00 and a low forecast of $12.00. The average price target represents a 61.85% upside from the last price of $7.62.
Current Consensus is
The current consensus among 4 contributing investment analysts is to buy stock in Berry. This rating has held steady since July 2022, when it changed from a Hold consensus rating.
Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company’s principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E. Texas), Utah (Uinta) and Colorado (Piceance). The Company’s operations are conducted in the continental United States. In December 2013, Linn Energy LLC and Linn Co, LLC (Linn Co) announced the completion of the merger between LinnCo and Berry Petroleum Company (Berry), where LinnCo had acquired all of Berry's interest.