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Cardinal Energy (TSE: CJ) received a number of price target changes and ratings updates during the last week:

  • Cardinal Energy is now covered by analysts at BMO Capital Markets. They set an “outperform” rating and a C$17.00 price target on the stock.
  • Cardinal Energy had its price target raised by analysts at CIBC from C$17.25 to C$17.50.
  • Cardinal Energy had its price target raised by analysts at Dundee Securities from C$18.00 to C$18.50. They now have a “buy” rating on the stock.
  • Cardinal Energy had its price target raised by analysts at National Bank Financial from C$17.00 to C$18.00. They now have an “outperform” rating on the stock.
  • Cardinal Energy had its price target raised by analysts at NBF from C$17.00 to C$18.00.
  • Cardinal Energy had its price target raised by analysts at FirstEnergy Capital from C$17.75 to C$19.00. They now have an “outperform” rating on the stock.

Shares of Cardinal Energy Ltd (TSE:CJ) traded down 4.14% on Thursday, hitting $15.51. 74,184 shares of the company’s stock traded hands. Cardinal Energy Ltd has a 52-week low of $11.56 and a 52-week high of $16.36. The stock has a 50-day moving average of $15.17 and a 200-day moving average of $13.8.

Cardinal Energy Ltd. is a junior oil focused company. The Company’s Chauvin is located approximately 65 kilometers east of Wainwright, Alberta.

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