Peyto Exploration Given New $30.00 Price Target at RBC Capital (PEY)
RBC Capital raised their price target on shares of Peyto Exploration (TSE: PEY) from $28.00 to $30.00 in a research note issued on Thursday. The firm currently has an “outperform” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at National Bank Financial raised their price target on shares of Peyto Exploration from $28.00 to $29.00 in a research note to investors on Friday, February 15th. Separately, analysts at TD Securities downgraded shares of Peyto Exploration from a “buy” rating to a “hold” rating in a research note to investors on Friday, February 15th. They now have a $26.00 price target on the stock, up previously from $25.00. Finally, analysts at National Bank raised their price target on shares of Peyto Exploration from $28.00 to $29.00 in a research note to investors on Thursday, February 14th.
Shares of Peyto Exploration traded up 3.51% during mid-day trading on Thursday, hitting $27.13. Peyto Exploration has a 52 week low of $14.63 and a 52 week high of $26.70. The stock’s 50-day moving average is currently $23.07. The company has a P/E ratio of 38.54.
Peyto Exploration & Development Corp. (Peyto) is a Canada-based energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in Western Canada.
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