Valeura Energy Inc (VLE) PT Lowered to C$1.40 at Canaccord Genuity
Valeura Energy Inc (TSE:VLE) had its price target dropped by investment analysts at Canaccord Genuity from C$1.50 to C$1.40 in a report released on Wednesday. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s price target indicates a potential upside of 47.37% from the company’s previous close.
Separately, Mackie upped their price objective on shares of Valeura Energy from C$1.75 to C$1.95 and gave the company a “buy” rating in a research note on Monday, August 22nd.
Shares of Valeura Energy (TSE:VLE) remained flat at $0.95 during trading on Wednesday. The company’s stock had a trading volume of 23,400 shares. Valeura Energy has a 12 month low of $0.36 and a 12 month high of $1.44. The stock’s market cap is $55.53 million. The firm’s 50-day moving average is $0.94 and its 200 day moving average is $0.98.
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