Valeura Energy Inc (TSE:VLE) had its target price increased by research analysts at Canaccord Genuity from C$1.40 to C$2.00 in a research note issued on Friday. Canaccord Genuity’s price objective would indicate a potential upside of 117.39% from the company’s current price.
Separately, Mackie raised their target price on Valeura Energy from C$1.75 to C$1.95 and gave the company a “buy” rating in a research note on Monday, August 22nd.
Valeura Energy (TSE:VLE) traded up 9.78% during mid-day trading on Friday, reaching $1.01. 510,699 shares of the company were exchanged. The company’s market cap is $59.04 million. Valeura Energy has a 12 month low of $0.36 and a 12 month high of $1.44. The stock’s 50-day moving average is $0.93 and its 200-day moving average is $0.98.
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