Bonterra Energy Corp PT Raised to C$63.00 (BNE)
Investment analysts at CIBC hoisted their price objective on shares of Bonterra Energy Corp (TSE:BNE) from C$62.50 to C$63.00 in a note issued to investors on Thursday, American Banking and Market News reports. CIBC’s price target would suggest a potential upside of 15.60% from the stock’s previous close.
Bonterra Energy Corp (TSE:BNE) opened at 54.70 on Thursday. Bonterra Energy Corp has a one year low of $45.72 and a one year high of $58.94. The stock’s 50-day moving average is $52.57 and its 200-day moving average is $53.76. The company has a market cap of $1.706 billion and a price-to-earnings ratio of 28.31.
The company also recently announced a dividend, which is scheduled for Friday, February 28th. Shareholders of record on Monday, February 17th will be paid a dividend of $0.2613 per share. The ex-dividend date is Thursday, February 13th.
Bonterra Energy Corp. is an oil and gas company. All of the Company’s oil and natural gas properties are located in the Provinces of Alberta, British Columbia and Saskatchewan.
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