Time Running Out for Harvest Natural Resources (HNR)
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Price: $0.96 --0%
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Analyst Jason Wangler of Wunderlich Securities warned that Harvest Natural Resources (NYSE: HNR) is at risk of a "slow death" given its cash position. Wangler also said a potential sale of the company's venezuela assets may make or break the company.
In the analyst's view, the company can only pay expenses and cover interest on debt for the next 3 to 4 quarters.
Yesterday Harvest Natural Resources stock declined 32.6 percent.
Wunderlich Securities has a Hold on Harvest Natural Resources with a price target of $11.00.
For an analyst ratings summary and ratings history on Harvest Natural Resources (NYSE: HNR) click here. For more ratings news on Harvest Natural Resources click here.
Shares of Harvest Natural Resources closed at $3.70 yesterday.
In the analyst's view, the company can only pay expenses and cover interest on debt for the next 3 to 4 quarters.
Yesterday Harvest Natural Resources stock declined 32.6 percent.
Wunderlich Securities has a Hold on Harvest Natural Resources with a price target of $11.00.
For an analyst ratings summary and ratings history on Harvest Natural Resources (NYSE: HNR) click here. For more ratings news on Harvest Natural Resources click here.
Shares of Harvest Natural Resources closed at $3.70 yesterday.
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