Peyto Exploration & Development Corp. (PEYUF) – What Are Researchers Saying About This Stock?

Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) has been assigned an average rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

Separately, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Peyto Exploration & Development in a report on Friday, October 9th.

Peyto Exploration & Development Trading Up 0.3%

Peyto Exploration & Development stock opened at $17.05 on Tuesday. The stock has a 50 day moving average of $17.46 and a 200-day moving average of $18.20. Peyto Exploration & Development has a 52 week low of $14.63 and a 52 week high of $21.26.

Peyto Exploration & Development Company Profile

Peyto Exploration & Development Corp. is a Canadian energy company focused on the exploration, development and production of natural gas and natural gas liquids. The company also owns and operates related gathering, processing and transportation infrastructure used to move its production to market.

Peyto’s operations are concentrated in Alberta’s Deep Basin, part of the Western Canada Sedimentary Basin. Its activities include drilling and completing wells, developing natural gas reserves and managing an integrated network of field facilities and processing assets.

Founded in 1998, Peyto has built its business around developing long-life natural gas resources in western Canada.