
Citi Keeps Their Sell Rating on Beach Energy (BEPTF)
Citi analyst James Byrne CFA maintained a Sell rating on Beach Energy (BEPTF – Research Report) today and set a price target of A$1.15.
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According to TipRanks, Byrne CFA is a 2-star analyst with an average return of -0.6% and a 44.00% success rate. Byrne CFA covers the Energy sector, focusing on stocks such as Origin Energy Limited, Beach Energy , and Karoon Energy Ltd.
Currently, the analyst consensus on Beach Energy is a Hold with an average price target of $0.92.
Based on Beach Energy 's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.04 billion and a net profit of $222.3 million. In comparison, last year the company earned a revenue of $953.9 million and had a GAAP net loss of $345.1 million

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