Longview Oil Corp Rating Reiterated by CIBC (LNV)
Longview Oil Corp (TSE:LNV)‘s stock had its “sector perform” rating reaffirmed by equities researchers at CIBC in a research report issued on Friday, Stock Ratings Network.com reports. They currently have a C$5.40 price objective on the stock. CIBC’s price objective suggests a potential downside of 10.00% from the company’s current price.
Longview Oil Corp (TSE:LNV) traded up 0.17% on Friday, hitting $6.00. The stock had a trading volume of 43,010 shares. Longview Oil Corp has a one year low of $4.41 and a one year high of $7.18. The stock’s 50-day moving average is $5.69 and its 200-day moving average is $5.13.
The company also recently announced a sep 13 dividend, which is scheduled for Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, September 26th.
Longview Oil Corp. (TSE:LNV) is a Canada-based oil and natural gas production, exploitation and acquisition in the Western Canadian sedimentary basin.
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