Rating of The Day: Lonestar Resou (NASDAQ:LONE) Is Now Covered By One More Research Firm

November 30, 2016 - By Peter Erickson

Rating of The Day: Lonestar Resou (NASDAQ:LONE) Is Now Covered By One More Research Firm

Why Wunderlich Gives Lonestar Resou (NASDAQ:LONE) $13.00 Price Target

Wunderlich began its coverage on Lonestar Resou (NASDAQ:LONE), today 30 November. The broker finds the stock of LONE attractive and has TP of $13.00 with Buy rating.

About 17,335 shares traded hands or 45.60% up from the average. Lonestar Resources US Inc. (NASDAQ:LONE) has risen 50.73% since April 27, 2016 and is uptrending. It has outperformed by 45.50% the S&P500.

Analysts await Lone Pine Resources Inc (OTCMKTS:LPRIQ) to report earnings on February, 9. After $-1.47 actual EPS reported by Lone Pine Resources Inc for the previous quarter, Wall Street now forecasts -92.52% EPS growth.

According to Zacks Investment Research, “Lonestar Resources US Inc. is an oil and gas company. It is involved in exploration, production and acquisition of unconventional oil and gas reserves. Lonestar Resources US Inc. is headquartered in Fort Worth, United States.”

LONE Company Profile

Lonestar Resources US Inc. is an independent gas and oil company. The Firm is focused on the development, production and acquisition of unconventional oil, natural gas liquids (NGLs) and natural gas properties in the Eagle Ford Shale in Texas. The Firm has accumulated approximately 38,242 gross acres in crude oil and condensate windows, as of December 31, 2015.

More notable recent Lonestar Resources US Inc. (NASDAQ:LONE) news were published by: Reuters.com which released: “BRIEF-Lonestar Resources US Inc receives notification of scheduled fall …” on November 30, 2016, also Prnewswire.com with their article: “Lonestar Resources US, Inc. Announces Continued Progress In Debt Reduction” published on October 05, 2016, Prnewswire.com published: “Lonestar Resources US, Inc. Announces Second Quarter 2016 Results” on August 19, 2016. More interesting news about Lonestar Resources US Inc. (NASDAQ:LONE) were released by: Prnewswire.com and their article: “Lonestar Resources US, Inc. Third Quarter 2016 Results Conference Call” published on November 09, 2016 as well as Marketwatch.com‘s news article titled: “Lonestar Resources started at buy with $13 stock price target at Wunderlich” with publication date: July 05, 2016.

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