A number of firms have modified their ratings and price targets on shares of Peyto Exploration & Development (TSE: PEY) recently:

  • 5/9/2019 – Peyto Exploration & Development had its price target lowered by analysts at TD Securities from C$9.50 to C$9.00. They now have a “buy” rating on the stock.
  • 5/8/2019 – Peyto Exploration & Development was given a new C$10.00 price target on by analysts at National Bank Financial. They now have an “outperform” rating on the stock.
  • 5/8/2019 – Peyto Exploration & Development had its price target lowered by analysts at Raymond James from C$8.00 to C$7.50. They now have a “market perform” rating on the stock.
  • 5/8/2019 – Peyto Exploration & Development was given a new C$6.00 price target on by analysts at Eight Capital.
  • 4/18/2019 – Peyto Exploration & Development was upgraded by analysts at TD Securities from a “hold” rating to a “buy” rating. They now have a C$9.50 price target on the stock, up previously from C$8.50.
  • 4/8/2019 – Peyto Exploration & Development was given a new C$10.50 price target on by analysts at National Bank Financial.

TSE PEY opened at C$5.72 on Friday. Peyto Exploration & Development Corp has a 1-year low of C$5.53 and a 1-year high of C$12.44. The company has a debt-to-equity ratio of 72.53, a current ratio of 1.23 and a quick ratio of 0.88. The stock has a market capitalization of $949.67 million and a PE ratio of 8.87.

Peyto Exploration & Development (TSE:PEY) last released its quarterly earnings results on Wednesday, March 6th. The company reported C$0.13 EPS for the quarter. The business had revenue of C$145.11 million for the quarter. Equities research analysts forecast that Peyto Exploration & Development Corp will post 0.300000010489511 earnings per share for the current year.

In other Peyto Exploration & Development news, Senior Officer Jean-Paul Henri Lachance purchased 8,800 shares of the stock in a transaction on Friday, March 22nd. The stock was acquired at an average price of C$7.41 per share, with a total value of C$65,208.00. Following the transaction, the insider now directly owns 110,760 shares of the company’s stock, valued at approximately C$820,731.60. Also, Senior Officer Kathy Turgeon purchased 10,000 shares of the stock in a transaction on Thursday, April 4th. The shares were acquired at an average cost of C$6.44 per share, with a total value of C$64,400.00. Following the transaction, the insider now directly owns 100,610 shares in the company, valued at C$647,928.40.

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin, Alberta. As of December 31, 2018, it had a total proved plus probable reserves of 803 million barrels of oil equivalent.

See Also: Net Income

Receive News & Ratings for Peyto Exploration & Development Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peyto Exploration & Development Corp and related companies with MarketBeat.com's FREE daily email newsletter.