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Pengrowth Energy Corp (NYSE:PGH) shares hit a new 52-week high during trading on Monday , Analyst Ratings Net reports. The stock traded as high as $7.19 and last traded at $7.16, with a volume of 505,305 shares trading hands. The stock had previously closed at $7.16.

Several analysts have recently commented on the stock. Analysts at Raymond James reiterated an “outperform” rating on shares of Pengrowth Energy Corp in a research note on Monday, June 2nd. Separately, analysts at TD Securities cut their price target on shares of Pengrowth Energy Corp from C$10.00 to C$9.50 in a research note on Wednesday, May 14th. They now have a “buy” rating on the stock. Finally, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Pengrowth Energy Corp in a research note on Tuesday, May 13th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $7.93.

The stock has a 50-day moving average of $6.64 and a 200-day moving average of $6.41. The company’s market cap is $3.778 billion.

The company also recently announced a monthly dividend, which is scheduled for Tuesday, July 15th. Shareholders of record on Monday, June 23rd will be paid a dividend of $0.0369 per share. This represents a $0.44 annualized dividend and a dividend yield of 6.16%. The ex-dividend date is Thursday, June 19th.

Pengrowth Energy Corporation (NYSE:PGH) 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, Ontario and Nova Scotia.

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