Price Target & Session Watch on Bill Barrett Corporation (NYSE:BBG)

In the most recent trading session, Bill Barrett Corporation (NYSE:BBG) shares saw a move of -2.98%. Covering Wall Street analysts have a consensus target price of $8.18 on the stock. Target predictions might differ vastly from analyst to analyst. This target is applying estimates from analysts polled by Thomson Reuters. 

Sell-side analysts are able to use multiple metrics in order to help calculate target price estimates. A widely used metric is a company’s preice to earnings ratio. This calculation is derived from dividing the current share price by the projected earnings per share. Bill Barrett Corporation Common currently has a P/E Ratio of N/A. Investors might also evaluate a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio under one, it may be seen as undervalued. If a company has a PEG Ratio over one, it may represent that the company is overvalued. A PEG Ratio near one may be viewed as fair value. Currently, the company has a PEG Ratio of -0.27.

Looking at stock performance, company shares have recently traded $1.34 away from the 50-day moving average of $5.82 and $0.88 away from the 200-day moving average of $6.28. The stock has been recently noted -23.67% off of the 52-week high of 9.38 and +226.94% off of the 52-week low of 2.19. Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future.