Delphi Energy Corp.’s (DEE) “Underperform” Rating Reiterated at Scotiabank
Delphi Energy Corp. (TSE:DEE)‘s stock had its “underperform” rating reiterated by equities research analysts at Scotiabank in a report released on Friday. They presently have a C$1.30 price target on the stock. Scotiabank’s price objective would suggest a potential downside of 23.98% from the company’s previous close.
A number of other equities research analysts have also recently issued reports on the stock. Raymond James Financial, Inc. lifted their price target on shares of Delphi Energy Corp. from C$1.90 to C$2.10 in a research note on Tuesday, December 13th. GMP Securities cut shares of Delphi Energy Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, December 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Delphi Energy Corp. currently has a consensus rating of “Hold” and a consensus target price of C$1.51.
Delphi Energy Corp. (TSE:DEE) traded down 2.34% on Friday, reaching $1.67. 141,520 shares of the company’s stock were exchanged. Delphi Energy Corp. has a one year low of $0.71 and a one year high of $1.79. The firm has a 50 day moving average price of $1.64 and a 200 day moving average price of $1.25. The firm’s market cap is $259.68 million.
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About Delphi Energy Corp.
Delphi Energy Corp. (Delphi) is a Canada-based company engaged in the acquisition for and exploration, development and production of crude oil, natural gas and natural gas liquids in western Canada. The Company’s operations are principally concentrated in Northwest Alberta at Bigstone, which is in the Deep Basin of Northwest Alberta.
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