Perpetual Energy Upgraded to Outperform at National Bank Financial (PMT)
Perpetual Energy (TSE:PMT) was upgraded by National Bank Financial from a “sector perform” rating to an “outperform” rating in a research note issued on Thursday, AnalystRatingsNetwork reports.
A number of other analysts have also recently weighed in on PMT. Analysts at Scotiabank cut their price target on shares of Perpetual Energy (TSE:PMT) from C$1.40 to C$1.20 in a research note to investors on Tuesday, September 24th. Analysts at CIBC raised their price target on shares of Perpetual Energy (TSE:PMT) from C$1.40 to C$1.50 in a research note to investors on Tuesday, August 13th. They now have a “sector perform” rating on the stock. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of C$1.36.
Perpetual Energy (TSE:PMT) traded up 5.32% during mid-day trading on Thursday, hitting $0.99. 95,026 shares of the company’s stock traded hands. Perpetual Energy has a one year low of $0.78 and a one year high of $1.64. The stock has a 50-day moving average of $1.1 and a 200-day moving average of $1.11. The company’s market cap is $146.9 million.
Perpetual Energy Inc (TSE:PMT) is an oil and natural gas exploration and production company.
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