Cobalt 27 Capital (KBLT) Price Target Raised to C$14.50 at TD Securities
Cobalt 27 Capital (CVE:KBLT) had its price target lifted by research analysts at TD Securities from C$13.00 to C$14.50 in a research report issued on Wednesday. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 32.66% from the company’s current price.
Separately, Scotiabank boosted their target price on Cobalt 27 Capital from C$11.00 to C$12.50 and gave the stock an “outperform” rating in a research report on Wednesday, December 6th.
Shares of Cobalt 27 Capital (CVE KBLT) traded up C$0.03 during trading hours on Wednesday, reaching C$10.93. The company’s stock had a trading volume of 425,185 shares, compared to its average volume of 53,544. Cobalt 27 Capital has a fifty-two week low of C$0.06 and a fifty-two week high of C$13.75.
Cobalt 27 Capital Corp. operates as a mineral resource company. The company has royalty interests in seven exploration-stage properties containing cobalt in Canada and Vietnam. The company was formerly known as Arak Resources Ltd. and changed its name to Cobalt 27 Capital Corp. in April 2017. Cobalt 27 Capital Corp.
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