BMO Capital Markets Reiterates “C$17.00” Price Target for Kiwetinohk Energy (TSE:KEC)

BMO Capital Markets set a C$17.00 price target on Kiwetinohk Energy (TSE:KEC) in a report released on Tuesday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Other research analysts have also recently issued research reports about the company. ATB Capital cut their target price on Kiwetinohk Energy from C$24.00 to C$22.00 and set an outperform rating on the stock in a research note on Thursday, January 18th. National Bankshares lowered their price target on Kiwetinohk Energy from C$22.50 to C$20.00 and set an outperform rating for the company in a report on Wednesday, January 10th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Kiwetinohk Energy has a consensus rating of Buy and an average target price of C$20.00.

Kiwetinohk Energy Trading Up 1.9 %

KEC opened at C$12.74 on Tuesday. The stock has a market cap of C$556.23 million, a price-to-earnings ratio of 5.06 and a beta of 0.31. The stock’s 50 day moving average price is C$11.30 and its 200-day moving average price is C$11.94. Kiwetinohk Energy has a one year low of C$10.61 and a one year high of C$14.42. The company has a debt-to-equity ratio of 31.06, a quick ratio of 0.48 and a current ratio of 1.26.

Kiwetinohk Energy (TSE:KEC) last released its earnings results on Wednesday, March 6th. The company reported C$0.95 EPS for the quarter, beating analysts’ consensus estimates of C$0.62 by C$0.33. The firm had revenue of C$121.17 million for the quarter, compared to analysts’ expectations of C$122.90 million. Kiwetinohk Energy had a return on equity of 17.07% and a net margin of 24.95%. On average, equities analysts forecast that Kiwetinohk Energy will post 2.64859 EPS for the current year.

About Kiwetinohk Energy

Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.