PetroQuest Energy Stock Rating Upgraded by FBR Capital Markets (PQ)
PetroQuest Energy (NYSE:PQ) was upgraded by equities research analysts at FBR Capital Markets from a “market perform” rating to an “outperform” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm currently has a $8.00 price objective on the stock, up from their previous price objective of $7.00. FBR Capital Markets’ target price indicates a potential upside of 86.48% from the stock’s previous close.
Shares of PetroQuest Energy (NYSE:PQ) traded up 8.06% on Friday, hitting $4.29. The stock had a trading volume of 3,172,511 shares. PetroQuest Energy has a 52-week low of $3.55 and a 52-week high of $5.10. The stock has a 50-day moving average of $4.06 and a 200-day moving average of $4.20. The company’s market cap is $276.6 million.
PetroQuest Energy, Inc (NYSE:PQ) is an independent oil and gas company.
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