Questerre Energy Corp (TSE:QEC) had its target price hoisted by investment analysts at Canaccord Genuity from C$0.25 to C$0.30 in a research note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price objective would suggest a potential downside of 18.92% from the stock’s current price.
Shares of Questerre Energy Corp (TSE:QEC) opened at 0.37 on Wednesday. The stock’s market cap is $107.79 million. Questerre Energy Corp has a one year low of $0.13 and a one year high of $0.39. The company’s 50-day moving average price is $0.22 and its 200-day moving average price is $0.19.
About Questerre Energy Corp
Questerre Energy Corporation is a Canada-based independent energy company focused on non-conventional oil and gas resources. The Company is developing a portfolio of oil shale assets. The Company operates through Canada segment. The Company has base production and reserves in the tight oil bakken/torquay of southeast Saskatchewan.
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