UPDATE: Barclays Upgrades Enerplus (ERF) to Equalweight; Falling In-line
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Price: $19.93 +0.50%
Rating Summary:
11 Buy, 5 Hold, 0 Sell
Rating Trend:
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Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
11 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
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(Updated - July 18, 2012 1:18 PM EDT)
Barclays upgraded Enerplus (NYSE: ERF) from Underweight to Equalweight. PT cut from $20 to $15.
Analyst, Grant Hofer, said, "We are upgrading Enerplus as its financial outlook is now more in line with the peer group, although funding remains a concern."
FY12 EPS estimate lowered from $0.19 to $0.11 and FY13 from $1.27 to $0.97.
For an analyst ratings summary and ratings history on Enerplus click here. For more ratings news on Enerplus click here.
Shares of Enerplus closed at $13.09 Tuesday.
Barclays upgraded Enerplus (NYSE: ERF) from Underweight to Equalweight. PT cut from $20 to $15.
Analyst, Grant Hofer, said, "We are upgrading Enerplus as its financial outlook is now more in line with the peer group, although funding remains a concern."
FY12 EPS estimate lowered from $0.19 to $0.11 and FY13 from $1.27 to $0.97.
For an analyst ratings summary and ratings history on Enerplus click here. For more ratings news on Enerplus click here.
Shares of Enerplus closed at $13.09 Tuesday.
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