Journey Energy Inc (TSE:JOY) had its target price hoisted by Canaccord Genuity from C$2.50 to C$2.75 in a research report issued on Wednesday. The brokerage currently has a “speculative buy” rating on the stock. Canaccord Genuity’s target price would indicate a potential upside of 15.06% from the company’s current price.

A number of other equities analysts have also issued reports on JOY. CIBC raised their target price on Journey Energy from C$2.00 to C$2.25 in a research note on Wednesday, July 20th. AltaCorp Capital raised their target price on Journey Energy from C$2.10 to C$3.25 in a research note on Wednesday, August 10th. Finally, FirstEnergy Capital raised their target price on Journey Energy from C$2.00 to C$2.25 in a research note on Thursday, August 11th.

Shares of Journey Energy (TSE:JOY) opened at 2.39 on Wednesday. Journey Energy has a 52-week low of $0.91 and a 52-week high of $2.48. The stock’s market capitalization is $104.24 million. The company has a 50 day moving average price of $1.90 and a 200-day moving average price of $1.82.

About Journey Energy

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