Pengrowth Energy Corp (PGH) Plans Dividend of $0.04
Pengrowth Energy Corp (NYSE:PGH) declared a dividend on Thursday, February 13th, Stock Ratings News reports. Stockholders of record on Tuesday, February 25th will be given a dividend of 0.04 per share on Monday, March 17th. The ex-dividend date of this dividend is Friday, February 21st.
Several analysts have recently commented on the stock. Analysts at Desjardins upgraded shares of Pengrowth Energy Corp from a “hold” rating to a “buy” rating in a research note on Tuesday, January 21st. On a related note, analysts at TD Securities upgraded shares of Pengrowth Energy Corp from a “hold” rating to a “buy” rating in a research note on Friday, January 17th. Finally, analysts at Zacks upgraded shares of Pengrowth Energy Corp from an “underperform” rating to a “neutral” rating in a research note on Friday, December 27th. They now have a $6.30 price target on the stock. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $6.59.
Pengrowth Energy Corp (NYSE:PGH) traded up 0.60% during mid-day trading on Friday, hitting $6.67. 258,708 shares of the company’s stock traded hands. Pengrowth Energy Corp has a one year low of $3.82 and a one year high of $6.73. The stock’s 50-day moving average is $6.32 and its 200-day moving average is $6.1. The company’s market cap is $3.467 billion.
Pengrowth Energy Corporation (NYSE:PGH) is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia.
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