Are Analysts Bullish about Denbury Resources Inc. (NYSE:DNR) after last week?

August 9, 2018 - By Richard Slagle

Denbury Resources Inc. (NYSE:DNR) LogoInvestors sentiment increased to 1.52 in 2018 Q1. Its up 0.62, from 0.9 in 2017Q4. It improved, as 17 investors sold Denbury Resources Inc. shares while 48 reduced holdings. 36 funds opened positions while 63 raised stakes. 343.21 million shares or 8.15% more from 317.35 million shares in 2017Q4 were reported.
Teacher Retirement Sys Of Texas has 88,829 shares. Credit Suisse Ag invested 0% of its portfolio in Denbury Resources Inc. (NYSE:DNR). Moreover, Connor Clark & Lunn Inv has 0.08% invested in Denbury Resources Inc. (NYSE:DNR). Savings Bank Of Montreal Can invested 0% in Denbury Resources Inc. (NYSE:DNR). Qs Limited Liability Corporation holds 47,300 shares. Atlantic Group Limited, Georgia-based fund reported 28,900 shares. Cubist Systematic Strategies Limited Liability Company invested 0% of its portfolio in Denbury Resources Inc. (NYSE:DNR). Citadel Limited Liability accumulated 712,614 shares or 0% of the stock. Two Sigma Securities Ltd Liability Corporation holds 0% in Denbury Resources Inc. (NYSE:DNR) or 69,407 shares. Schwab Charles Inv Management accumulated 5.17M shares. 60,000 are held by Capital World Invsts. Nomura Asset Communication has 51,361 shares. 701,500 were accumulated by Swiss Bank & Trust. 403,728 were accumulated by Bnp Paribas Arbitrage Sa. State Of New Jersey Common Pension Fund D reported 300,000 shares.

Since April 5, 2018, it had 0 insider buys, and 5 selling transactions for $327,625 activity. 40,000 shares were sold by McMichael Greg, worth $170,000 on Monday, June 4.

Denbury Resources Inc. (NYSE:DNR) Ratings Coverage

Among 5 analysts covering Denbury Resources (NYSE:DNR), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Denbury Resources had 6 analyst reports since February 22, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, August 1 by Stifel Nicolaus. KLR Group downgraded the shares of DNR in report on Monday, May 14 to “Hold” rating. The stock has “Hold” rating by BMO Capital Markets on Monday, February 26. RBC Capital Markets maintained Denbury Resources Inc. (NYSE:DNR) rating on Friday, April 13. RBC Capital Markets has “Hold” rating and $300 target. The firm earned “Hold” rating on Thursday, February 22 by RBC Capital Markets. Below is a list of Denbury Resources Inc. (NYSE:DNR) latest ratings and price target changes.

01/08/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $1.3 New Target: $4.6 Maintain
14/05/2018 Broker: KLR Group Old Rating: Buy New Rating: Hold Downgrade
13/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $3.0000 Maintain
07/03/2018 Broker: UBS Rating: Neutral New Target: $2.5 Initiates Coverage On
26/02/2018 Broker: BMO Capital Markets Rating: Hold New Target: $3.0 Maintain
22/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $2.5 Maintain

The stock decreased 0.23% or $0.01 during the last trading session, reaching $4.25. About 4.56 million shares traded. Denbury Resources Inc. (NYSE:DNR) has risen 124.86% since August 9, 2017 and is uptrending. It has outperformed by 112.29% the S&P500.

Denbury Resources Inc. operates as an independent oil and natural gas firm in the United States. The company has market cap of $1.90 billion. The firm primarily focuses on enhanced oil recovery utilizing carbon dioxide. It has a 9.55 P/E ratio. It holds properties located in Mississippi, Texas, Louisiana, and Alabama in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region.

Another recent and important Denbury Resources Inc. (NYSE:DNR) news was published by Globenewswire.com which published an article titled: “Denbury Reports Second Quarter 2018 Results” on August 07, 2018.

Denbury Resources Inc. (NYSE:DNR) Institutional Positions Chart

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