RBC Capital Markets Trims Northern Blizzard Resources Inc. (NBZ) Target Price to C$4.50
NBZ has been the topic of a number of other reports. BMO Capital Markets restated an underperform rating and set a C$4.00 target price on shares of Northern Blizzard Resources in a research note on Friday, September 9th. TD Securities cut their target price on shares of Northern Blizzard Resources from C$6.50 to C$6.00 and set a buy rating on the stock in a research note on Friday, August 12th. Finally, CIBC started coverage on shares of Northern Blizzard Resources in a research note on Wednesday, June 15th. They set a sector perform rating and a C$5.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Northern Blizzard Resources currently has a consensus rating of Hold and a consensus price target of C$4.96.
Northern Blizzard Resources (TSE:NBZ) opened at 3.54 on Thursday. The stock’s market capitalization is $420.29 million. Northern Blizzard Resources has a 52-week low of $2.76 and a 52-week high of $5.74. The firm’s 50-day moving average is $3.77 and its 200-day moving average is $4.24.
About Northern Blizzard Resources
Northern Blizzard Resources Inc is a Canada-based crude oil production and development company focused on maximizing oil recovery from its heavy oil resource base. The Company is engaged in the exploration for and the acquisition, development and production of petroleum and natural gas reserves in western Canada.
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