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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.

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