Birchcliff Energy Ltd. (BIREF) Stock Forecast & Predictions

Birchcliff Energy Ltd. BIREF: $5.19

600-3rd Avenue SW, Calgary, AB, CA. | Sector: Energy Minerals | Exchange: US OTC | Web: http://www.birchcliffenergy.com

  • Market Cap$1.39B
  • Change (52 Weeks)336.13%
  • Low (52 Weeks)$1.09
  • Birchcliff Energy Ltd. (BIREF) Forecast Based on Technical Analysis


    Neutral
    Based on 11 Technical Indicators where 0.00% are on Buy, 27.27% on Sell, and 72.73% Neutral.

    According to the market data, Birchcliff Energy Ltd. (BIREF) stock price is $5.19 and the 52 weeks low is $1.09, which means the Birchcliff Energy Ltd. stock price is up 336.13% in the last 12 months.

    Birchcliff Energy Ltd. (BIREF) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 11 technical indicators, 0.00% are indicating that BIREF Stock price might rise further, 27.27% indicating that BIREF Stock price might fall, and 72.73% are in a neutral position.

    Based on these technical algorithms, overall BIREF stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Birchcliff Energy Ltd. (BIREF) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Birchcliff Energy Ltd. (BIREF) is based on 20 Institutional Analyst Ratings where 65.00% are on Strong Buy, 25.00% on Moderate Buy, 10.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended BIREF stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Birchcliff Energy Ltd..

    Birchcliff Energy Ltd. (BIREF) Stock Price Prediction By Analysts


    HighLowAverage
    $7.36$4.33$5.60
    $5.607.98% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for BIREF set by the institutional analysts is $5.60 where High Estimate is $7.36, Median $5.360710563380283 and Low $4.33.

    The average price target for BIREF by Institutional Analysts is $5.60, which is 7.98% Upside from the current price. So according to the Institutional Analysts, BIREF Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Birchcliff Energy Ltd. (BIREF) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Canaccord GenuityBuyMaintained
    Canaccord GenuityUpgraded
    CIBC World MarketsOutperformReiterated
    RBC CapitalOutperformUpgraded
    Raymond James FinancialOutperformUpgraded
    Cormark SecuritiesUpgraded
    CIBC World MarketsOutperformMaintained
    Canaccord GenuityUpgraded
    BMO Capital MarketsUpgraded
    SbankUpgraded
    CIBC World MarketsUpgraded
    Raymond James FinancialOutperformUpgraded
    CIBC World MarketsOutperformUpgraded
    BMO Capital MarketsUpgraded
    National Bank FinancialOutperformUpgraded
    RBC CapitalUpgraded
    Tudor PickeringBuyMaintained
    Raymond James FinancialOutperformUpgraded
    BMO Capital MarketsOutperformUpgraded
    SbankOutperformUpgraded
    National Bank FinancialOutperformDowngraded
    CIBC World MarketsOutperformDowngraded
    CIBC World MarketsOutperformDowngraded
    Raymond James FinancialOutperformUpgraded
    Eight CapitalBuyUpgraded
    Cormark SecuritiesUpgraded
    Cormark SecuritiesUpgraded
    National Bank FinancialUpgraded
    Tudor PickeringBuyInitiated
    TD SecuritiesBuyUpgraded
    RBC CapitalSector PerformUpgraded
    Raymond James FinancialOutperformUpgraded
    CIBC World MarketsUpgraded
    Canaccord GenuityUpgraded
    TD SecuritiesBuyUpgraded
    Raymond James FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Canaccord GenuityBuyUpgraded
    SbankOutperformMaintained
    Raymond James FinancialOutperformUpgraded
    SbankUpgraded
    Tudor PickeringBuyUpgraded
    ATB CapitalUpgraded
    TD SecuritiesBuyDowngraded
    Canaccord GenuityUpgraded
    Tudor PickeringHoldInitiated
    TD SecuritiesBuyUpgraded
    RBC CapitalSector PerformUpgraded
    Raymond James FinancialOutperformUpgraded
    Cormark SecuritiesUpgraded
    CIBC World MarketsUpgraded
    Raymond James FinancialOutperformUpgraded
    BMO Capital MarketsDowngraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Raymond James FinancialMarket PerformUpgraded
    SbankDowngraded
    Tudor PickeringHoldUpgraded
    Raymond James FinancialMarket PerformDowngraded
    RBC CapitalSector PerformDowngraded
    Raymond James FinancialMarket PerformDowngraded
    Laurentian BankDowngraded
    National Bank FinancialOutperformDowngraded
    Canaccord GenuityDowngraded
    National Bank FinancialOutperformDowngraded
    Tudor PickeringSellDowngraded
    Laurentian BankInitiated
    Raymond James FinancialStrong-BuyInitiated
    Raymond James FinancialStrong-BuyInitiated
    CIBC World MarketsDowngraded
    TD SecuritiesBuyDowngraded
    National Bank FinancialOutperformDowngraded
    GMP SecuritiesDowngraded
    Laurentian BankDowngraded
    RBC CapitalDowngraded
    CIBC World MarketsDowngraded
    GMP SecuritiesDowngraded
    National Bank FinancialOutperformDowngraded
    Raymond James FinancialOutperformUpgraded
    Canaccord GenuityUpgraded
    Raymond James FinancialOutperformInitiated
    GMP SecuritiesUpgraded
    TD SecuritiesAction List BuyDowngraded
    Raymond James FinancialUpgraded
    National Bank FinancialOutperformUpgraded
    Eight CapitalUpgraded
    BMO Capital MarketsMarket PerformUpgraded
    Haywood SecuritiesDowngraded
    Canaccord GenuityDowngraded
    Raymond James FinancialDowngraded
    RBC CapitalDowngraded
    GMP SecuritiesDowngraded
    National Bank FinancialOutperformDowngraded
    GMP SecuritiesDowngraded
    Raymond James FinancialDowngraded
    TD SecuritiesUpgraded
    RBC CapitalUpgraded
    Raymond James FinancialOutperformUpgraded
    Industrial Alliance SecuritiesUpgraded
    Eight CapitalUpgraded
    Cormark SecuritiesUpgraded
    CIBC World MarketsUpgraded
    BMO Capital MarketsUpgraded
    Canaccord GenuityDowngraded
    Raymond James FinancialUpgraded
    TD SecuritiesUpgraded
    RBC CapitalOutperformUpgraded
    Canaccord GenuityUpgraded
    SbankOutperformUpgraded
    Raymond James FinancialOutperformUpgraded
    Eight CapitalUpgraded
    BMO Capital MarketsMarket PerformUpgraded
    TD SecuritiesAction List BuyUpgraded
    CIBC World MarketsUpgraded
    National Bank FinancialOutperformDowngraded
    BMO Capital MarketsMarket PerformInitiated
    RBC CapitalOutperformDowngraded
    Raymond James FinancialDowngraded
    BMO Capital MarketsMarket PerformDowngraded
    Raymond James FinancialOutperformDowngraded
    Laurentian BankUpgraded
    RBC CapitalOutperformMaintained
    TD SecuritiesBuyMaintained
    TD SecuritiesMaintained
    SbankFocus StockMaintained
    RBC CapitalOutperformMaintained
    Raymond James FinancialOutperformMaintained
    Credit SuisseMaintained
    BMO Capital MarketsMaintained
    TD SecuritiesBuyMaintained
    Canaccord GenuityBuyMaintained
    RBC CapitalMaintained
    Canaccord GenuityMaintained
    RBC CapitalOutperformMaintained
    Raymond James FinancialOutperformMaintained
    SbankSector PerformDowngraded
    Credit SuisseNeutralMaintained
    TD SecuritiesMaintained
    Credit SuisseMaintained
    RBC CapitalSector PerformMaintained
    Raymond James FinancialOutperformMaintained
    Canaccord GenuityBuyMaintained
    CIBC World MarketsMaintained
    Raymond James FinancialMaintained
    CIBC World MarketsMaintained
    Canaccord GenuityMaintained
    Credit SuisseNeutralMaintained
    CIBC World MarketsSector OutperformMaintained
    SbankMaintained
    Raymond James FinancialMaintained
    Canaccord GenuityBuyMaintained
    CIBC World MarketsMaintained
    TD SecuritiesMaintained
    SbankMaintained
    Raymond James FinancialOutperformMaintained
    CIBC World MarketsOutperformMaintained
    Paradigm CapitalBuyMaintained
    BMO Capital MarketsOutperformMaintained
    TD SecuritiesHoldMaintained
    SbankSector OutperformMaintained
    Raymond James FinancialMaintained
    TD SecuritiesHoldDowngraded
    SbankMaintained
    RBC CapitalSector PerformMaintained
    Haywood SecuritiesBuyInitiated
    CIBC World MarketsSector OutperformMaintained
    SbankMaintained
    SbankMaintained
    RBC CapitalSector PerformMaintained
    CIBC World MarketsMaintained
    National Bank FinancialOutperformMaintained
    CIBC World MarketsOutperformMaintained
    RBC CapitalSector PerformMaintained
    TD SecuritiesHoldMaintained
    Raymond James FinancialMaintained
    Canaccord GenuitySellMaintained
    RBC CapitalSector PerformMaintained

    Birchcliff Energy Ltd. (BIREF) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.247
    The average consensus EPS for BIREF is $0.247 with a high estimate of $0.326 and Low of $0.176 for the period 2021-12-31 and based on 3 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.08$0.11446332021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.16$0.12122021-06-30
    $0.08$0.11446332021-03-31
    $0.15$0.04376332020-12-31
    $-0.07$-0.02022020-09-30
    $-0.15$-0.116152020-06-30
    $-0.17$-0.0181799999999999982020-03-31
    $-0.07$0.062622019-12-31
    $-0.18$0.016162019-09-30
    $-0.1$0.045452019-06-30
    $0.06$0.141400000000000032019-03-31
    $0.27$0.078608299999999992018-12-31
    $0.02$0.0496616999999999962018-09-30
    $0.02$0.027272018-06-30
    $0.05$0.087435699999999992018-03-31
    $0.09$0.11153432017-12-31
    $0.04$0.03362292017-09-30
    $0.12$0.075752017-06-30
    $0.11$0.083832017-03-31
    $0.04$0.04477332016-12-31
    $0$0.0005052010-09-30
    $0$-0.001012010-06-30
    $0.02$-0.01012010-03-31
    $0.02$0.03032009-12-31
    $-0.07$-0.05052009-09-30
    $-0.06$2009-06-30
    $-0.09$-0.070700000000000012009-03-31
    $0$-0.01012008-12-31
    $0.14$0.24242008-09-30
    $0.09$2008-06-30
    $0.04$2008-03-31
    $-0.07$2007-12-31
    $-0.09$2007-09-30
    $-0.01$2007-06-30
    $-0.02$2007-03-31
    $-0.04$2006-12-31
    $-0.02$2006-09-30
    $0.02$02006-06-30
    $0.03$2006-03-31
    $0$2005-12-31
    $0.07$0.09092005-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).