Average Price Target: C$4.57
▲ +12.60% 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$4.57, with a high forecast of C$6.50 and a low forecast of C$3.00. The average price target represents a 12.60% upside from the last price of C$4.06.
The current consensus among 10 polled investment analysts is to buy stock in Birchcliff Energy. This Buy consensus rating has held steady for over two years.
Birchcliff Energy Ltd., an intermediate oil and natural gas company, acquires, explores for, develops, and produces natural gas, light oil, condensate, and natural gas liquids in Western Canada. The company holds interests in the Montney/Doig resource play, as well as other assets located in the Peace River Arch area of Alberta. As of December 31, 2020, it had interests in various gas plants, oil batteries, compressors, facilities, and infrastructure; and 198,553.7 net acres of undeveloped land, as well as proved plus probable reserves of 1,040.5 million barrels of oil equivalent. The company was incorporated in 2004 and is headquartered in Calgary, Canada.