Beach Energy (OTCMKTS:BEPTF) Upgraded to “Buy” by Bank of America

Bank of America upgraded shares of Beach Energy (OTCMKTS:BEPTF) from a neutral rating to a buy rating in a research note released on Tuesday, June 4th, The Fly reports.

Separately, Goldman Sachs Group lowered shares of Beach Energy from a buy rating to a neutral rating in a research report on Thursday, March 7th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of Buy.

BEPTF remained flat at $$1.35 during trading on Tuesday. Beach Energy has a fifty-two week low of $0.91 and a fifty-two week high of $1.59. The business’s 50 day simple moving average is $1.33.

About Beach Energy

Beach Energy Limited operates as an oil and gas exploration and production company. The company has operated and non-operated, onshore and offshore, oil and gas production from five producing basins across Australia and New Zealand. It has interests in approximately 450 exploration and production tenements.

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Analyst Recommendations for Beach Energy (OTCMKTS:BEPTF)

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