In a report released today, Adrian Prendergast from Morgans maintained a Hold rating on Beach Energy Limited (BEPTF – Research Report), with a price target of A$1.55. The company’s shares closed last Monday at $0.86.

Prendergast covers the Energy sector, focusing on stocks such as Karoon Energy Ltd, Beach Energy Limited, and Santos Limited. According to TipRanks, Prendergast has an average return of 13.1% and a 54.94% success rate on recommended stocks.

Beach Energy Limited has an analyst consensus of Hold, with a price target consensus of $0.93.

BEPTF market cap is currently $2.05B and has a P/E ratio of 33.21.