VSN has been the topic of several other reports. CIBC upped their price objective on Veresen from C$13.50 to C$14.00 in a report on Thursday, August 4th. Canaccord Genuity upped their price objective on Veresen from C$9.00 to C$11.00 and gave the stock a sell rating in a report on Saturday, August 6th. Scotiabank reaffirmed a sector perform rating and set a C$12.00 price objective on shares of Veresen in a report on Wednesday, September 28th. RBC Capital Markets upped their price objective on Veresen from C$12.00 to C$14.00 in a report on Saturday, August 6th. Finally, National Bank Financial decreased their price objective on Veresen from C$10.50 to C$9.50 in a report on Monday, July 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. Veresen has an average rating of Hold and a consensus target price of C$12.91.
Veresen (TSE:VSN) opened at 13.37 on Wednesday. The company has a market cap of $4.17 billion and a price-to-earnings ratio of 105.28. The company’s 50-day moving average is $12.86 and its 200 day moving average is $10.77. Veresen has a 52-week low of $6.65 and a 52-week high of $13.53.
Veresen Inc (Veresen) is an energy infrastructure company. The Company’s segments include Pipelines, Midstream, Power and Corporate. Its pipeline business consists of interests in over two pipeline systems: the Alliance Pipeline, which is over 3,000 kilometers dense phase pipeline delivering natural gas and midstreams from Western Canada to the Midwest United States, and the Alberta Ethane Gathering System, an ethane pipeline system.
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