Chinook Energy Price Target Raised to C$2.75 at National Bank Financial (CKE)
Investment analysts at National Bank Financial upped their price objective on shares of Chinook Energy (TSE:CKE) from C$2.40 to C$2.75 in a note issued to investors on Friday. National Bank Financial’s target price would suggest a potential upside of 30.33% from the stock’s previous close.
Shares of Chinook Energy (TSE:CKE) opened at 2.11 on Friday. Chinook Energy has a 52-week low of $0.80 and a 52-week high of $2.15. The stock’s 50-day moving average is $1.75 and its 200-day moving average is $1.31. The company’s market cap is $451.9 million.
Several other analysts have also recently commented on the stock. Analysts at FirstEnergy Capital raised their price target on shares of Chinook Energy from C$2.00 to C$2.50 in a research note on Thursday, May 15th. Analysts at NBF raised their price target on shares of Chinook Energy from C$2.00 to C$2.40 in a research note on Wednesday, May 14th. One investment analyst has rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and a consensus price target of C$2.05.
Chinook Energy Inc (TSE:CKE) is a Calgary-based public oil and natural gas exploration and development company with predominately natural gas and liquids assets in Western Canada and crude oil onshore and offshore in Tunisia, North Africa.
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.