Android app on Google Play

Barclays Maintains an 'Equalweight' on Forest Oil (FST); Shifting Estimates

July 11, 2012 1:01 PM EDT Send to a Friend
Get Alerts FST Hot Sheet
Price: $2.20 +0.46%

Rating Summary:
    5 Buy, 15 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 17 | Down: 38 | New: 6
Trade FST Now!
Join SI Premium – FREE
Barclays maintains an 'Equalweight' on Forest Oil (NYSE: FST) price target of $8.00.

Analyst, Jeffrey W. Robertson, said that despite a fire at a gas processing facility which partially caused Q2 production to finish below expectations, estimates still need to be adjusted. For FY12, EPS estimate is lowered from $0.25 to $0.15, FY13 EPS estimate is raised from $0.25 to $0.40 and FY14 from $0.05 to $0.50.

For an analyst ratings summary and ratings history on Forest Oil click here. For more ratings news on Forest Oil click here.

Shares of Forest Oil closed at $6.15 yesterday.




You May Also Be Interested In


Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View

Related Entities

Barclays

Add Your Comment