Frontera Energy (FEC) Price Target Lowered to C$32.00 at Cormark
A number of other equities research analysts have also weighed in on the company. Eight Capital raised their price objective on Frontera Energy from C$22.00 to C$26.50 in a research note on Tuesday, July 24th. Canaccord Genuity raised their price objective on Frontera Energy from C$30.00 to C$33.00 in a research note on Monday, July 30th. Finally, CIBC restated an outperform rating and set a C$30.00 price objective on shares of Frontera Energy in a research note on Friday, August 17th.
Shares of TSE:FEC opened at C$17.72 on Wednesday. Frontera Energy has a one year low of C$16.50 and a one year high of C$23.47.
In other Frontera Energy news, insider Andrew Kent acquired 2,800 shares of the stock in a transaction on Wednesday, October 10th. The stock was purchased at an average price of C$18.09 per share, for a total transaction of C$50,652.00.
About Frontera Energy
Frontera Energy Corporation explores for, develops, and produces crude oil and natural gas primarily in Colombia and Peru. As of December 31, 2017, it had interests in 38 exploration and production blocks; and total net proved and probable oil and gas reserves of 154.3 million barrels of oil equivalent.
Recommended Story: Average Daily Trade Volume Explained
Receive News & Ratings for Frontera Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontera Energy and related companies with MarketBeat.com's FREE daily email newsletter.