异动个股LPR

Equities research analysts at JPMorgan Chase & Co. (NYSE: JPM) lowered their price target on shares of Lone Pine Resources (NYSE: LPR) to $13.00 in a research issued note to investors on Tuesday.
Separately, analysts at Scotia Capital initiated coverage on shares of Lone Pine Resources in a research note to investors on Tuesday, August 9th. They set a “sector perform” rating on the stock. Also, analysts at Howard Weil initiated coverage on shares of Lone Pine Resources in a research note to investors on Wednesday, July 20th. They set an “outperform” rating and a $17.00 price target on the stock.
Lone Pine Resources Inc. (Lone Pine) is an independent oil and gas exploration, development, and production company with operations in Canada within the provinces of Alberta, British Columbia, Quebec and the Northwest Territories. The Company focuses on the Western Canadian Sedimentary Basin, which includes its Narraway/Ojay and Wild River fields in the Deep Basin and its Evi field in the Peace River Arch. Lone Pine is a wholly owned subsidiary of Forest Oil Corporation, which is an independent oil and gas company engaged in the acquisition, exploration, development and production of oil and natural gas. As of December 31, 2009, the Company had approximately 322 billions of cubic feet equivalent of estimated proved reserves of which approximately 69% was natural gas and approximately 64% was classified as proved developed. As of September 30, 2010, it had approximately 1.1 million gross (.8 million net) acres of land (approximately 80% of which is undeveloped).
Shares of Lone Pine Resources opened at 6.00 on Tuesday. Lone Pine Resources has a 52 week low of $5.38 and a 52 week high of $13.09. The stock’s 50-day moving average is $7.97 and its 200-day moving average is $10.04. The company has a market cap of $510.1 million and a price-to-earnings ratio of 0.23.