Brokerages Set Marquee Energy Ltd (MQL) Price Target at $0.43
Shares of Marquee Energy Ltd (CVE:MQL) have received a consensus rating of “Hold” from the seven brokerages that are covering the firm. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$0.43.
MQL has been the subject of a number of analyst reports. Acumen Capital upgraded shares of Marquee Energy from a “hold” rating to a “speculative buy” rating in a research report on Monday, August 22nd. Beacon Securities restated a “speculative buy” rating on shares of Marquee Energy in a research report on Thursday, July 28th. National Bank Financial cut their price objective on shares of Marquee Energy from C$0.40 to C$0.35 in a research report on Wednesday, August 3rd. FirstEnergy Capital cut their price objective on shares of Marquee Energy from C$0.40 to C$0.30 in a research report on Wednesday, August 24th. Finally, Haywood Securities cut their price objective on shares of Marquee Energy from C$0.55 to C$0.35 and set a “buy” rating for the company in a research report on Monday, August 22nd.
Marquee Energy Company Profile
Marquee Energy Ltd. (Marquee) is a Canada-based oil and natural gas company focused on oil development and production. The Company is engaged in the acquisition, exploration, development and production of petroleum and natural gas reserves in western Canada. Marquee’s principal properties are focused on exploring and producing from the Mannville and Banff plays in the Michichi area of east Alberta, and the Cummings and Sparky Heavy Crude Oil plays in the Lloydminster area.
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