Birchcliff Energy (OTCMKTS:BIREF) Rating Increased to Strong-Buy at TD Securities

Birchcliff Energy (OTCMKTS:BIREFGet Free Report) was upgraded by research analysts at TD Securities from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other brokerages also recently issued reports on BIREF. National Bank Financial upgraded Birchcliff Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Scotiabank upgraded Birchcliff Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th.

Check Out Our Latest Analysis on Birchcliff Energy

Birchcliff Energy Stock Up 0.5 %

BIREF stock opened at $4.25 on Thursday. The stock has a market cap of $1.15 billion, a PE ratio of 106.28 and a beta of 0.62. The firm’s 50-day simple moving average is $3.74 and its 200 day simple moving average is $4.02. Birchcliff Energy has a fifty-two week low of $3.15 and a fifty-two week high of $4.83. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.22.

About Birchcliff Energy

(Get Free Report)

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.

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