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Synergy Resources Corporation Message Board

  • frisbill53 frisbill53 Mar 15, 2013 12:31 PM Flag

    KeyBanc initiates coverage on Synergy

    KeyBanc initiates coverage on Synergy Resources Corporation (NYSE: SYRG) with a Buy. PT $8.50.

    The firm cited: "1) a low-risk path to top decile crude volume growth over the next several years; 2) exposure to significant near-term value-enhancing events in the Wattenberg core and extension; 3) a clean balance sheet with an expanding credit facility, and 4) is one of the least expensive ways to play the Wattenberg on an implied $/acre basis."

    For an analyst ratings summary and ratings history on Synergy Resources Corporation click here. For more ratings news on Synergy Resources Corporation click here.

    Shares of Synergy Resources Corporation closed at $7.07 yesterday, with a 52 week range of $2.40-$7.56.

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