Canaccord Genuity upgraded shares of Beach Energy (OTCMKTS:BEPTF) from a sell rating to a hold rating in a research note released on Monday, The Fly reports.
Separately, JPMorgan Chase & Co. raised shares of Beach Energy from an underweight rating to a neutral rating in a report on Monday, July 2nd.
Shares of OTCMKTS BEPTF opened at $1.15 on Monday. Beach Energy has a one year low of $0.74 and a one year high of $1.56.
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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