Pengrowth Energy Corp (PGF) Declares Monhtly Dividend of $0.04
Pengrowth Energy Corp (TSE:PGF) declared a monhtly dividend on Thursday, September 12th, AR Network reports. Investors of record on Monday, September 23rd will be paid a dividend of $0.04 per share on Tuesday, October 15th. The ex-dividend date is Thursday, September 19th.
A number of analysts have recently weighed in on PGF shares. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Pengrowth Energy Corp (TSE:PGF) in a research note to investors on Friday, July 19th. They now have a C$6.00 price target on the stock. On a related note, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Pengrowth Energy Corp (TSE:PGF) in a research note to investors on Thursday, July 18th. They now have a C$8.00 price target on the stock. Finally, analysts at CIBC downgraded shares of Pengrowth Energy Corp (TSE:PGF) from an “outperform” rating to a “sector perform” rating in a research note to investors on Wednesday, July 17th. They now have a C$6.25 price target on the stock, up previously from C$5.50.
Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Pengrowth Energy Corp has an average rating of “Hold” and a consensus target price of C$6.36.
Shares of Pengrowth Energy Corp (TSE:PGF) traded up 0.50% during mid-day trading on Wednesday, hitting $6.05. 832,009 shares of the company’s stock traded hands. Pengrowth Energy Corp has a 1-year low of $3.93 and a 1-year high of $7.00. The stock has a 50-day moving average of $5.90 and a 200-day moving average of $5.40.
Pengrowth Energy Corporation (TSE:PGF) is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia.
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