Baytex Energy (BTE) Receives a Hold from Raymond James

By Austin Angelo

Raymond James analyst Chris Cox maintained a Hold rating on Baytex Energy (BTEResearch Report) today and set a price target of C$2.00. The company’s shares closed last Monday at $1.25, close to its 52-week low of $1.10.

According to, Cox is a 2-star analyst with an average return of 0.1% and a 43.6% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Crescent Point Energy, Pembina Pipeline, and Pengrowth Energy.

Baytex Energy has an analyst consensus of Moderate Buy, with a price target consensus of $1.71.

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The company has a one-year high of $2.32 and a one-year low of $1.10. Currently, Baytex Energy has an average volume of 1.98M.

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Baytex Energy Corp. is an oil and gas exploration & production company, which engages in the acquisition, development and production of crude oil and natural gas. The company was founded on October 22, 2010 and is headquartered in Calgary, Canada.