Perpetual Energy (TSE:PMT) had its price target cut by Royal Bank of Canada from C$1.50 to C$1.25 in a research report report published on Monday. They currently have a sector perform rating on the stock.
Other analysts also recently issued research reports about the company. TD Securities boosted their price objective on Perpetual Energy from C$1.35 to C$1.65 and gave the company a hold rating in a research report on Tuesday, November 14th. GMP Securities boosted their price objective on Perpetual Energy from C$2.05 to C$2.10 in a research report on Monday, November 13th.
Shares of Perpetual Energy (TSE PMT) opened at C$0.80 on Monday. The firm has a market capitalization of $47.77, a P/E ratio of -1.27 and a beta of 1.04. Perpetual Energy has a 12-month low of C$0.61 and a 12-month high of C$1.87.
Perpetual Energy Inc (Perpetual) is a Canada-based oil and natural gas exploration and production company. The Company is engaged in finding, developing, producing and marketing natural gas, natural gas liquids (NGL), oil and bitumen. Perpetual’s business consists of operations in Alberta focused on exploring and developing the natural gas and NGL resource opportunities in the deep basin in west central Alberta; the exploration for and extraction of heavy oil in eastern Alberta; the development and production of shallow natural gas from mature producing regions in eastern Alberta; bitumen opportunities in northeast Alberta, and interest in a commercial gas storage business through the operation and ownership in a gas storage facility at Warwick in east central Alberta.
Receive News & Ratings for Perpetual Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perpetual Energy and related companies with MarketBeat.com's FREE daily email newsletter.