Barclays PLC reaffirmed their underweight rating on shares of Pengrowth Energy Corp. (NYSE:PGH) in a research note released on Sunday.

A number of other brokerages also recently issued reports on PGH. Scotiabank reissued a sector perform rating and set a $2.25 price objective on shares of Pengrowth Energy Corp. in a research report on Saturday. TD Securities reissued a reduce rating and set a $1.05 price objective on shares of Pengrowth Energy Corp. in a research report on Wednesday, August 10th. Canaccord Genuity reissued a hold rating and set a $2.40 price objective (up from $2.15) on shares of Pengrowth Energy Corp. in a research report on Saturday. Royal Bank Of Canada raised their price objective on Pengrowth Energy Corp. from $1.25 to $1.50 and gave the stock an underperform rating in a research report on Wednesday, September 28th. Finally, Zacks Investment Research raised Pengrowth Energy Corp. from a sell rating to a hold rating in a research report on Wednesday, July 6th. Five equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Pengrowth Energy Corp. presently has a consensus rating of Hold and an average price target of $1.79.

Shares of Pengrowth Energy Corp. (NYSE:PGH) traded down 1.19% during midday trading on Friday, reaching $1.66. 852,338 shares of the company traded hands. Pengrowth Energy Corp. has a 1-year low of $0.45 and a 1-year high of $2.08. The firm’s market capitalization is $908.76 million. The stock has a 50 day moving average price of $1.54 and a 200 day moving average price of $1.57.

Large investors have recently bought and sold shares of the company. Moors & Cabot Inc. boosted its stake in Pengrowth Energy Corp. by 1.8% in the second quarter. Moors & Cabot Inc. now owns 56,934 shares of the company’s stock valued at $111,000 after buying an additional 1,000 shares during the last quarter. Albert D Mason Inc. boosted its stake in Pengrowth Energy Corp. by 2.7% in the second quarter. Albert D Mason Inc. now owns 135,519 shares of the company’s stock valued at $249,000 after buying an additional 3,625 shares during the last quarter. TD Asset Management Inc. boosted its stake in Pengrowth Energy Corp. by 9.1% in the second quarter. TD Asset Management Inc. now owns 181,094 shares of the company’s stock valued at $329,000 after buying an additional 15,094 shares during the last quarter. KCG Holdings Inc. boosted its stake in Pengrowth Energy Corp. by 37.2% in the second quarter. KCG Holdings Inc. now owns 124,356 shares of the company’s stock valued at $228,000 after buying an additional 33,696 shares during the last quarter. Finally, UBS Asset Management Americas Inc. boosted its stake in Pengrowth Energy Corp. by 30.9% in the second quarter. UBS Asset Management Americas Inc. now owns 353,757 shares of the company’s stock valued at $643,000 after buying an additional 83,542 shares during the last quarter. Hedge funds and other institutional investors own 17.49% of the company’s stock.

Pengrowth Energy Corp. Company Profile

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