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Peyto Exploration & Development Corp (TSE:PEY) declared a dividend on Wednesday, May 14th, American Banking News.com reports. Investors of record on Saturday, May 31st will be given a dividend of 0.0919 per share on Friday, June 13th. The ex-dividend date of this dividend is Wednesday, May 28th.

Several analysts have recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of Peyto Exploration & Development Corp from C$40.00 to C$46.00 in a research note on Thursday, May 15th. They now have an “outperform” rating on the stock. On a related note, analysts at FirstEnergy Capital raised their price target on shares of Peyto Exploration & Development Corp from C$46.00 to C$50.00 in a research note on Thursday, May 15th. Finally, analysts at National Bank Financial raised their price target on shares of Peyto Exploration & Development Corp from C$38.00 to C$42.00 in a research note on Thursday, May 15th. They now have a “sector perform” rating on the stock. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Peyto Exploration & Development Corp presently has a consensus rating of “Buy” and a consensus target price of C$43.04.

Shares of Peyto Exploration & Development Corp (TSE:PEY) opened at 37.67 on Thursday. Peyto Exploration & Development Corp has a 1-year low of $27.40 and a 1-year high of $40.70. The stock’s 50-day moving average is $39.00 and its 200-day moving average is $34.84. The company has a P/E ratio of 38.95.

Peyto Exploration and Development Corp, formerly Peyto Exploration & Development Corp. is a Canada-based energy company.

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