Pengrowth Energy Corp (TSE:PGF)‘s stock had its “sector perform” rating reissued by analysts at Scotiabank in a research note issued to investors on Friday, StockTargetPrices.com reports. They presently have a C$2.25 price objective on the stock. Scotiabank’s target price suggests a potential upside of 0.90% from the company’s current price.
Other research analysts have also recently issued research reports about the company. Canaccord Genuity lifted their target price on Pengrowth Energy Corp from C$2.15 to C$2.40 and gave the company a “hold” rating in a research report on Friday. CIBC assumed coverage on Pengrowth Energy Corp in a research report on Wednesday, June 15th. They issued an “underperform” rating and a C$1.85 target price on the stock. TD Securities reiterated a “reduce” rating and issued a C$1.05 target price on shares of Pengrowth Energy Corp in a research report on Friday, August 5th. RBC Capital Markets lifted their target price on Pengrowth Energy Corp from C$1.25 to C$1.50 in a research report on Wednesday, September 28th. Finally, Desjardins set a C$2.00 price target on Pengrowth Energy Corp in a report on Tuesday, June 28th. Four analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. Pengrowth Energy Corp has a consensus rating of “Hold” and a consensus target price of C$1.86.
Pengrowth Energy Corp (TSE:PGF) traded up 0.45% during mid-day trading on Friday, reaching $2.24. The company had a trading volume of 1,152,080 shares. The firm’s market capitalization is $1.23 billion. The firm’s 50-day moving average is $2.02 and its 200-day moving average is $2.04. Pengrowth Energy Corp has a one year low of $0.66 and a one year high of $2.70.
About Pengrowth Energy Corp
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