Peyto Exploration & Development Corp (TSE:PEY) had its target price boosted by Barclays PLC from C$44.00 to C$46.00 in a research report sent to investors on Tuesday.

Other equities research analysts have also recently issued reports about the stock. AltaCorp Capital upped their target price on shares of Peyto Exploration & Development Corp from C$37.00 to C$38.00 and gave the company a sector perform rating in a report on Thursday, August 11th. Punk Ziegel & Co upped their target price on shares of Peyto Exploration & Development Corp from C$41.00 to C$45.00 and gave the company an outperform rating in a report on Thursday, August 11th. TD Securities boosted their price target on shares of Peyto Exploration & Development Corp from C$43.00 to C$45.00 and gave the stock a buy rating in a research note on Thursday, August 11th. BMO Capital Markets boosted their price target on shares of Peyto Exploration & Development Corp from C$37.00 to C$39.00 and gave the stock an outperform rating in a research note on Thursday, August 11th. Finally, Canaccord Genuity boosted their price target on shares of Peyto Exploration & Development Corp from C$40.00 to C$42.00 in a research note on Monday, July 25th. Five investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Peyto Exploration & Development Corp currently has an average rating of Buy and an average price target of C$39.44.

Analyst Recommendations for Peyto Exploration & Development Corp (TSE:PEY)

Peyto Exploration & Development Corp (TSE:PEY) opened at 37.44 on Tuesday. The firm has a market capitalization of $6.16 billion and a P/E ratio of 45.55. The company has a 50 day moving average price of $37.25 and a 200 day moving average price of $34.65. Peyto Exploration & Development Corp has a 52-week low of $21.55 and a 52-week high of $39.41.

In other Peyto Exploration & Development Corp news, insider Todd Burdick sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of C$37.90, for a total transaction of C$37,900.00.

Peyto Exploration & Development Corp Company Profile

Peyto Exploration & Development Corp. is a Canada-based energy company. The Company is engaged in acquisition, exploration, development and production of oil and natural gas in Western Canada. Its portfolio of assets includes exploration, exploitation and development opportunities located primarily in the Deep Basin of Alberta.

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