Sanchez Energy Corp (NYSE:SN) had its price target lowered by FBR & Co from $18.00 to $15.00 in a research note published on Wednesday. The firm currently has an outperform rating on the stock.

SN has been the subject of a number of other reports. Canaccord Genuity reiterated a buy rating and set a $17.50 price target on shares of Sanchez Energy Corp in a research report on Monday, February 6th. KLR Group reiterated a buy rating and set a $17.00 price target (down from $18.00) on shares of Sanchez Energy Corp in a research report on Thursday, February 2nd. Royal Bank of Canada reiterated a buy rating and set a $11.00 price target on shares of Sanchez Energy Corp in a research report on Tuesday, January 3rd. Zacks Investment Research upgraded shares of Sanchez Energy Corp from a sell rating to a buy rating and set a $8.75 price target for the company in a research report on Wednesday, November 23rd. Finally, Piper Jaffray Companies upgraded shares of Sanchez Energy Corp from a neutral rating to an overweight rating and set a $17.00 price target for the company in a research report on Thursday, February 2nd. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $13.77.

Analyst Recommendations for Sanchez Energy Corp (NYSE:SN)

Sanchez Energy Corp (NYSE:SN) opened at 9.59 on Wednesday. The stock’s market capitalization is $571.84 million. Sanchez Energy Corp has a 12 month low of $4.70 and a 12 month high of $14.39. The company has a 50-day moving average price of $11.73 and a 200 day moving average price of $9.45.

Sanchez Energy Corp (NYSE:SN) last posted its quarterly earnings results on Wednesday, February 22nd. The company reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.06. The company had revenue of $126 million for the quarter, compared to analyst estimates of $139.07 million. During the same quarter in the previous year, the business posted $0.04 earnings per share. Sanchez Energy Corp’s revenue was up 14.8% on a year-over-year basis. Equities analysts predict that Sanchez Energy Corp will post $0.66 earnings per share for the current year.

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In other Sanchez Energy Corp news, Chairman Antonio R. Sanchez, Jr. sold 82,573 shares of the business’s stock in a transaction on Monday, January 9th. The stock was sold at an average price of $8.70, for a total value of $718,385.10. Following the completion of the transaction, the chairman now directly owns 1,661,236 shares in the company, valued at approximately $14,452,753.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Antonio R. Sanchez III sold 52,216 shares of the business’s stock in a transaction on Monday, January 9th. The shares were sold at an average price of $8.70, for a total value of $454,279.20. Following the completion of the transaction, the chief executive officer now owns 1,297,764 shares of the company’s stock, valued at $11,290,546.80. The disclosure for this sale can be found here. Insiders have sold a total of 210,741 shares of company stock valued at $1,838,562 over the last 90 days. Insiders own 15.32% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of SN. Canada Pension Plan Investment Board acquired a new position in shares of Sanchez Energy Corp during the third quarter valued at $114,000. Stonebridge Capital Management Inc. acquired a new position in shares of Sanchez Energy Corp during the third quarter valued at $126,000. USA Financial Portformulas Corp acquired a new position in shares of Sanchez Energy Corp during the third quarter valued at $169,000. Wexford Capital LP acquired a new position in shares of Sanchez Energy Corp during the fourth quarter valued at $188,000. Finally, SECOR Capital Advisors LP acquired a new position in shares of Sanchez Energy Corp during the third quarter valued at $222,000. Institutional investors own 60.56% of the company’s stock.

Sanchez Energy Corp Company Profile

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Company focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

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