Byron Capital Markets

Byron Capital Markets

December 03, 2009 11:25 ET

Byron Capital Markets Initiates Coverage on Bellatrix Exploration Limited

TORONTO, ONTARIO--(Marketwire - Dec. 3, 2009) - Byron Capital Markets, a division of Byron Securities Limited, is pleased to announce that it has initiated coverage today on Bellatrix Exploration Limited (TSX:BXE) with a Buy rating and a target price of $3.00.

In this 10-page research report, energy analyst Guy Gordon gives a comprehensive overview of the company and speaks to the recent restructuring from a trust into an E&P company focused on low-risk, economic growth.

This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in the energy space.

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