Shares of Chinook Energy Inc. (TSE:CKE) have earned a consensus recommendation of “Hold” from the seven ratings firms that are covering the company. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$0.73.
Several equities analysts have recently issued reports on CKE shares. Dundee Securities raised shares of Chinook Energy from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 14th. TD Securities lowered their price objective on shares of Chinook Energy from C$0.70 to C$0.65 and set a “hold” rating on the stock in a research note on Friday, August 12th. Raymond James Financial Inc. raised shares of Chinook Energy from an “underperform” rating to a “market perform” rating and set a C$0.50 price objective on the stock in a research note on Monday, June 6th. FirstEnergy Capital raised shares of Chinook Energy from a “market perform” rating to a “speculative buy” rating in a research note on Tuesday, June 14th. Finally, Cormark raised shares of Chinook Energy from a “market perform” rating to a “speculative buy” rating in a research note on Tuesday, June 14th.
Chinook Energy (TSE:CKE) opened at 0.51 on Friday. The firm has a 50-day moving average of $0.51 and a 200-day moving average of $0.51. Chinook Energy has a 1-year low of $0.40 and a 1-year high of $0.70. The firm’s market capitalization is $110.38 million.
Chinook Energy Company Profile
Chinook Energy Inc is a petroleum and natural gas production company focused on development and exploration opportunities in western Canada. The Company has assets in the Plains-West Central District, the Grande Prairie District and the Peace River Arch District. The Company’s operations combine multi-zone conventional production and resource plays in its Western Canadian Sedimentary Basin producing properties and undeveloped land predominately located in northwestern Alberta and northeastern British Columbia.
Receive News & Ratings for Chinook Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chinook Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.