Pengrowth Energy Corp (PGF) Receives “Sector Perform” Rating from Scotiabank
Pengrowth Energy Corp (TSE:PGF)‘s stock had its “sector perform” rating restated by analysts at Scotiabank in a research report issued to clients and investors on Friday. They currently have a C$2.25 target price on the stock. Scotiabank’s price target indicates a potential upside of 0.90% from the stock’s current price.
Other research analysts also recently issued research reports about the stock. Canaccord Genuity upped their price target on shares of Pengrowth Energy Corp from C$2.15 to C$2.40 and gave the stock a “hold” rating in a research report on Friday. CIBC assumed coverage on shares of Pengrowth Energy Corp in a research report on Wednesday, June 15th. They set an “underperform” rating and a C$1.85 target price on the stock. TD Securities restated a “reduce” rating and set a C$1.05 target price on shares of Pengrowth Energy Corp in a research report on Friday, August 5th. RBC Capital Markets upped their target price on shares of Pengrowth Energy Corp from C$1.25 to C$1.50 in a research report on Wednesday, September 28th. Finally, Desjardins set a C$2.00 target price on shares of Pengrowth Energy Corp in a research report on Tuesday, June 28th. Four equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. Pengrowth Energy Corp has an average rating of “Hold” and a consensus target price of C$1.86.
Shares of Pengrowth Energy Corp (TSE:PGF) traded up 0.45% during trading on Friday, hitting $2.24. 1,152,080 shares of the stock traded hands. Pengrowth Energy Corp has a 1-year low of $0.66 and a 1-year high of $2.70. The company’s market cap is $1.23 billion. The company has a 50 day moving average of $2.02 and a 200-day moving average of $2.04.
Pengrowth Energy Corp Company Profile
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