Share on StockTwits

Pengrowth Energy Corp (TSE:PGF) has been given a consensus rating of “Hold” by the fourteen brokerages that are covering the company, reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$7.33.

A number of analysts have recently weighed in on PGF shares. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Pengrowth Energy Corp in a research note on Tuesday, May 13th. They now have a C$8.75 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Pengrowth Energy Corp from C$7.50 to C$8.00 in a research note on Friday, May 9th. They now have a “sector perform” rating on the stock. Finally, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Pengrowth Energy Corp in a research note on Friday, March 7th.

Pengrowth Energy Corp (TSE:PGF) traded up 1.01% during mid-day trading on Tuesday, hitting $6.97. 139,939 shares of the company’s stock traded hands. Pengrowth Energy Corp has a 1-year low of $4.83 and a 1-year high of $7.60. The stock’s 50-day moving average is $6.98 and its 200-day moving average is $6.89.

The company also recently announced a may 14 dividend, which is scheduled for Monday, June 16th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.04 per share. This represents a dividend yield of 6.89%. The ex-dividend date is Wednesday, May 21st.

Pengrowth Energy Corporation (TSE:PGF) 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.