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Equities research analysts at Canaccord Genuity assumed coverage on shares of Donnycreek Energy (CVE:DCK) in a research note issued to investors on Wednesday. The firm set a “speculative buy” rating and a C$4.50 price target on the stock. Canaccord Genuity’s price target indicates a potential upside of 84.43% from the stock’s previous close.

A number of other analysts have also recently weighed in on DCK. Analysts at Paradigm Capital raised their price target on shares of Donnycreek Energy from C$2.25 to C$3.00 in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Finally, analysts at National Bank Financial cut their price target on shares of Donnycreek Energy from C$4.00 to C$3.50 in a research note on Monday, March 31st. They now have an “outperform” rating on the stock. Four investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average price target of C$3.63.

Donnycreek Energy Inc (CVE:DCK) rights prospective for Montney, Bluesky, Wilrich or Falher in the Deep Basin area of west-central Alberta.

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