Painted Pony Energy Ltd (TSE:PPY) will be releasing its earnings data after the market closes on Wednesday, August 9th. Analysts expect Painted Pony Energy to post earnings of $0.01 per share for the quarter.

Painted Pony Energy Ltd (PPY) opened at 5.52 on Tuesday. Painted Pony Energy Ltd has a one year low of $4.70 and a one year high of $10.50. The company has a 50 day moving average price of $5.21 and a 200-day moving average price of $7.33.

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Several brokerages recently weighed in on PPY. TD Securities reduced their price target on Painted Pony Energy from C$14.50 to C$12.00 and set a “buy” rating on the stock in a research note on Thursday, May 18th. CSFB reaffirmed an “underperform” rating and issued a C$5.00 price target on shares of Painted Pony Energy in a research note on Monday, May 15th. Royal Bank Of Canada reduced their price target on Painted Pony Energy from C$9.00 to C$8.00 and set an “outperform” rating on the stock in a research note on Monday, May 15th. National Bank Financial reduced their price target on Painted Pony Energy from C$8.50 to C$7.50 in a research note on Thursday, May 11th. Finally, Scotiabank cut Painted Pony Energy from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from C$10.00 to C$7.25 in a research note on Monday, April 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of C$8.95.

Painted Pony Energy Company Profile

Painted Pony Energy Ltd, formerly Painted Pony Petroleum Ltd, is a Canada-based natural gas company. Its principal business activity is the exploration, development and production of petroleum and natural gas resources in western Canada. It is focused on the development of natural gas and natural gas liquids from the Montney formation in Northeast British Columbia.

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