Peyto Exploration & Development Corp (TSE:PEY) had its target price lowered by Royal Bank Of Canada from C$26.00 to C$25.00 in a research report sent to investors on Friday morning. The brokerage currently has an outperform rating on the stock.

PEY has been the topic of several other reports. Scotiabank lowered their target price on shares of Peyto Exploration & Development Corp from C$33.00 to C$26.00 and set an outperform rating on the stock in a research report on Thursday, November 9th. BMO Capital Markets downgraded shares of Peyto Exploration & Development Corp from an outperform rating to a market perform rating and lowered their target price for the stock from C$30.00 to C$23.00 in a research report on Tuesday, October 10th. Barclays PLC lowered their target price on shares of Peyto Exploration & Development Corp from C$30.00 to C$26.00 in a research report on Monday, July 24th. National Bank Financial lowered their target price on shares of Peyto Exploration & Development Corp from C$29.00 to C$22.00 and set an outperform rating on the stock in a research report on Friday, October 13th. Finally, TD Securities increased their target price on shares of Peyto Exploration & Development Corp from C$23.00 to C$25.00 and gave the stock a buy rating in a research report on Thursday, November 9th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Peyto Exploration & Development Corp has an average rating of Buy and an average price target of C$28.10.

Peyto Exploration & Development Corp (TSE PEY) opened at C$18.52 on Friday. Peyto Exploration & Development Corp has a 1 year low of C$16.71 and a 1 year high of C$35.64.

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In other Peyto Exploration & Development Corp news, Director Micheal Macbean purchased 13,000 shares of the business’s stock in a transaction on Wednesday, September 27th. The stock was purchased at an average price of C$21.80 per share, for a total transaction of C$283,400.00. Also, Director Stephen Jonathan Chetner sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, October 17th. The stock was sold at an average price of C$18.88, for a total transaction of C$188,800.00.

Peyto Exploration & Development Corp Company Profile

Peyto Exploration & Development Corp is a Canada-based energy company. The Company is engaged in acquisition, exploration, development and production of oil and natural gas in Western Canada. Its portfolio of assets includes exploration, exploitation and development opportunities located primarily in the Deep Basin of Alberta.

Analyst Recommendations for Peyto Exploration & Development Corp (TSE:PEY)

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