Canaccord Genuity Boosts Pengrowth Energy Corp (PGF) Price Target to C$2.40
Pengrowth Energy Corp (TSE:PGF) had its price objective increased by Canaccord Genuity from C$2.15 to C$2.40 in a research note issued to investors on Friday morning. They currently have a hold rating on the stock.
A number of other equities analysts also recently commented on PGF. Royal Bank Of Canada upped their target price on shares of Pengrowth Energy Corp from C$1.25 to C$1.50 and gave the stock an underperform rating in a research note on Wednesday, September 28th. RBC Capital Markets increased their price objective on shares of Pengrowth Energy Corp from C$1.25 to C$1.50 in a research note on Wednesday, September 28th. CIBC began coverage on shares of Pengrowth Energy Corp in a research note on Wednesday, June 15th. They set an underperform rating and a C$1.85 price objective on the stock. Scotiabank reiterated a sector perform rating and set a C$2.25 price objective on shares of Pengrowth Energy Corp in a research note on Friday, August 5th. Finally, TD Securities reiterated a reduce rating and set a C$1.05 price objective on shares of Pengrowth Energy Corp in a research note on Friday, August 5th. Four research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of C$1.86.
Shares of Pengrowth Energy Corp (TSE:PGF) opened at 2.25 on Friday. Pengrowth Energy Corp has a 52 week low of $0.66 and a 52 week high of $2.70. The stock’s market capitalization is $1.23 billion. The firm’s 50-day moving average is $2.03 and its 200-day moving average is $2.06.
About Pengrowth Energy Corp
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