Brokerages Set RMP Energy Inc (RMP) Price Target at $1.51
RMP Energy Inc (TSE:RMP) has been assigned an average rating of “Hold” from the fifteen research firms that are currently covering the firm. Seven research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$1.49.
RMP has been the subject of a number of research reports. FirstEnergy Capital lowered their price target on RMP Energy from C$1.80 to C$1.40 in a report on Tuesday, August 23rd. Dundee Securities lowered their price target on RMP Energy from C$2.45 to C$1.75 in a report on Tuesday, November 1st. Royal Bank Of Canada lowered their price target on RMP Energy from C$1.40 to C$1.35 and set a “market perform” rating for the company in a report on Friday, August 19th. National Bank Financial lowered their price target on RMP Energy from C$1.40 to C$1.00 and set an “outperform” rating for the company in a report on Tuesday, November 1st. Finally, Raymond James Financial Inc. lowered their price target on RMP Energy from C$1.65 to C$1.40 and set an “outperform” rating for the company in a report on Saturday, August 6th.
Shares of RMP Energy (TSE:RMP) opened at 0.70 on Monday. RMP Energy has a 12-month low of $0.62 and a 12-month high of $1.97. The firm has a 50 day moving average price of $0.87 and a 200-day moving average price of $1.10. The company’s market cap is $105.68 million.
About RMP Energy
RMP Energy Inc is a Canada-based independent crude oil and natural gas company. The Company is engaged in the exploration for, development and production of crude oil, natural gas and natural gas liquids (NGLs) reserves in the Western Canadian Sedimentary Basin within the province of Alberta, Canada.
Receive News & Stock Ratings for RMP Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RMP Energy Inc and related stocks with our FREE daily email newsletter.