Journey Energy Inc (TSE:JOY) had its target price boosted by stock analysts at CIBC from C$2.25 to C$2.75 in a research report issued on Wednesday. CIBC’s target price would indicate a potential upside of 14.58% from the company’s previous close.

Other analysts have also issued reports about the stock. AltaCorp Capital upped their price target on shares of Journey Energy from C$2.10 to C$3.25 in a research note on Wednesday, August 10th. FirstEnergy Capital boosted their target price on shares of Journey Energy from C$2.00 to C$2.25 in a report on Thursday, August 11th. Finally, Canaccord Genuity boosted their target price on shares of Journey Energy from C$2.50 to C$2.75 and gave the stock a “speculative buy” rating in a report on Wednesday, October 12th.

Shares of Journey Energy (TSE:JOY) traded up 6.67% during trading on Wednesday, hitting $2.40. 8,050 shares of the company’s stock were exchanged. The firm’s market capitalization is $104.68 million. The stock’s 50 day moving average is $1.95 and its 200 day moving average is $1.82. Journey Energy has a 1-year low of $0.91 and a 1-year high of $2.48.

Journey Energy Company Profile

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