Haywood Securities Increases Rock Energy Price Target to C$9.50 (RE)
Stock analysts at Haywood Securities increased their price target on shares of Rock Energy (TSE:RE) from C$1.50 to C$9.50 in a report issued on Tuesday, Analyst RN reports. The firm currently has a “buy” rating on the stock. Haywood Securities’ price objective would suggest a potential upside of 38.28% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Paradigm Capital raised their price target on shares of Rock Energy from C$6.25 to C$7.50 in a research note on Tuesday, April 22nd. They now have a “buy” rating on the stock. Separately, analysts at Jennings Capital raised their price target on shares of Rock Energy from C$6.25 to C$8.00 in a research note on Friday, April 11th. They now have a “buy” rating on the stock. Finally, analysts at Pi Financial raised their price target on shares of Rock Energy from C$6.00 to C$7.25 in a research note on Tuesday, April 1st. They now have a “buy” rating on the stock. Eight analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus target price of C$7.07.
Rock Energy (TSE:RE) traded up 5.09% on Tuesday, hitting $7.22. 506,825 shares of the company’s stock traded hands. Rock Energy has a 1-year low of $1.15 and a 1-year high of $7.45. The stock has a 50-day moving average of $6.32 and a 200-day moving average of $4.31. The company’s market cap is $284.7 million.
Rock Energy Inc (TSE:RE) is an energy company engaged in the exploration for and development and production of crude oil and natural gas in Western Canada.
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