Valener Inc (VNR) to Release Earnings on Thursday
Valener Inc (TSE:VNR) will be posting its quarterly earnings results before the market opens on Thursday, November 24th. Analysts expect Valener to post earnings of ($0.08) per share for the quarter.
Valener Inc (TSE:VNR) opened at 20.13 on Tuesday. The company has a market cap of $777.68 million and a P/E ratio of 14.19. Valener Inc has a 52 week low of $16.67 and a 52 week high of $23.27. The firm has a 50-day moving average price of $20.75 and a 200-day moving average price of $21.78.
A number of research analysts have recently commented on VNR shares. Desjardins raised their target price on Valener from C$22.00 to C$22.50 and gave the company a “hold” rating in a research note on Thursday, August 18th. TD Securities raised their target price on Valener from C$21.00 to C$23.00 and gave the company a “hold” rating in a research note on Friday, August 12th. Finally, BMO Capital Markets lowered their target price on Valener from C$23.00 to C$22.00 and set a “market perform” rating for the company in a research note on Friday, August 12th. Five investment analysts have rated the stock with a hold rating, Valener has an average rating of “Hold” and an average target price of C$22.50.
Valener Company Profile
Valener Inc is a Canada-based energy company. The Company holds interests in Gaz Metro Limited Partnership (Gaz Metro). The Company’s segments include Energy Distribution; Natural Gas Transportation; Energy Production; Energy Services, Storage and Other, and Corporate Affairs. Its Energy Distribution segment consists of natural gas distribution activities in Quebec and Vermont, as well as electricity distribution activities in Vermont.
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