Delphi Energy Stock Rating Reaffirmed by CIBC (DEE)
Delphi Energy (TSE:DEE)‘s stock had its “sector perform” rating restated by analysts at CIBC in a research report issued to clients and investors on Friday, ARN reports. They currently have a C$1.75 price objective on the stock. CIBC’s target price suggests a potential upside of 11.46% from the company’s current price.
Delphi Energy (TSE:DEE) traded down 1.87% during mid-day trading on Friday, hitting $1.57. 54,600 shares of the company’s stock traded hands. Delphi Energy has a one year low of $0.95 and a one year high of $1.76. The stock has a 50-day moving average of $1.50 and a 200-day moving average of $1.36. The company’s market cap is $240.4 million.
Delphi Energy Corp. (TSE:DEE) is an oil and gas company operating in Alberta, Canada.
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