PrairieSky Royalty Ltd (PSK) PT Raised to C$29.00 at RBC Capital Markets
Other analysts also recently issued research reports about the company. FirstEnergy Capital upgraded PrairieSky Royalty from a market perform rating to an outperform rating in a research note on Thursday, July 28th. Scotiabank restated an outperform rating and set a C$28.00 target price on shares of PrairieSky Royalty in a research note on Tuesday, July 26th. TD Securities restated a buy rating and set a C$31.00 target price on shares of PrairieSky Royalty in a research note on Tuesday, July 26th. AltaCorp Capital downgraded PrairieSky Royalty from an outperform rating to a sector perform rating in a research note on Thursday, July 7th. Finally, Barclays PLC increased their target price on PrairieSky Royalty from C$28.00 to C$29.00 in a research note on Tuesday, October 11th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. PrairieSky Royalty currently has a consensus rating of Hold and a consensus target price of C$27.83.
PrairieSky Royalty (TSE:PSK) opened at 29.02 on Thursday. PrairieSky Royalty has a 52-week low of $17.15 and a 52-week high of $29.45. The firm has a market cap of $6.64 billion and a price-to-earnings ratio of 326.07. The company’s 50-day moving average price is $27.10 and its 200-day moving average price is $25.58.
The business also recently announced a monthly dividend, which was paid on Monday, October 17th. Stockholders of record on Monday, October 17th were issued a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, September 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.48%.
PrairieSky Royalty Company Profile
PrairieSky Royalty Ltd. is a Canada-based company, which holds a portfolio of fee simple mineral title, and oil and gas royalty interests in Canada. The Company’s properties are located in British Columbia, Alberta, Saskatchewan and Manitoba. The Company’s assets include the Fee Lands, encompassing approximately 8.8 million acres; the GORR Interests, encompassing approximately 6.6 million acres of the GORR Lands; the GRT Interests, encompassing approximately 0.2 million acres of the GRT Lands; approximately 0.2 million acres of Crown Interest Lands primarily in Alberta, and the Seismic License to certain seismic data of Encana Corporation, encompassing approximately 40,010 kilometers of two dimensional seismic and over 10,760 square kilometers of three dimensional seismic.
Receive News & Ratings for PrairieSky Royalty Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PrairieSky Royalty Ltd and related companies with MarketBeat.com's FREE daily email newsletter.