Beach Energy Ltd (OTCMKTS:BEPTF) Given Consensus Rating of “Hold” by Brokerages

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Shares of Beach Energy Ltd (OTCMKTS:BEPTF) have been assigned a consensus rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Separately, JPMorgan Chase & Co. lowered Beach Energy from an “overweight” rating to a “neutral” rating in a report on Wednesday, September 18th.

Shares of Beach Energy stock remained flat at $$1.57 on Friday. The stock has a fifty day moving average of $1.68 and a two-hundred day moving average of $1.46. Beach Energy has a fifty-two week low of $0.91 and a fifty-two week high of $1.85.

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.

Further Reading: Analyzing a company’s cash flow statement

Analyst Recommendations for Beach Energy (OTCMKTS:BEPTF)

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