Journey Energy Inc (TSE:JOY) had its price objective hoisted by analysts at Canaccord Genuity from C$2.50 to C$2.75 in a note issued to investors on Wednesday, StockTargetPrices.com reports. The brokerage currently has a “speculative buy” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 22.22% from the company’s current price.
A number of other equities research analysts have also recently commented on the company. FirstEnergy Capital increased their target price on Journey Energy from C$2.00 to C$2.25 in a research note on Thursday, August 11th. AltaCorp Capital increased their price objective on Journey Energy from C$2.10 to C$3.25 in a research report on Wednesday, August 10th. Finally, CIBC increased their price objective on Journey Energy from C$2.00 to C$2.25 in a research report on Wednesday, July 20th.
Journey Energy (TSE:JOY) traded up 10.22% on Wednesday, reaching $2.48. The company’s stock had a trading volume of 51,875 shares. The stock’s market cap is $108.17 million. Journey Energy has a one year low of $0.91 and a one year high of $2.48. The stock has a 50-day moving average of $1.87 and a 200-day moving average of $1.81.
Journey Energy Company Profile
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