Consensus rating for Bill Barrett
About 34% of analysts rate Bill Barrett (BBG) a “buy,” and ~73% rate it a “hold.” The average broker target price of $8.25 for BBG implies a return of ~11.5% over the next 12 months.
Bill Barrett’s peers Sanchez Energy (SN), W&T Offshore (WTI), and Cobalt International Energy (CIE), in comparison, have average broker target prices of $8.87, $2.55, and $2.67, respectively. These targets imply returns of 6%, 30%, and 122%, respectively. The high and low analyst target prices for BBG are $14 and $6, respectively.
Wall Street’s projections for Bill Barrett
For 4Q16, analysts have projected an average earnings estimate of -$0.10 per share for BBG. Low estimates stand at -$0.18 per share, while high estimates stand at -$0.03 per share. Average revenue estimates for BBG are ~$69.4 million for 4Q16. Low revenue estimates stand at ~$53.9 million, while high revenue estimates are ~$77 million.
Bill Barrett is a component of the PowerShares FTSE RAFI US 1500 Small-Mid Portfolio (PRFZ) and makes up 0.15% of the fund.