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RBC Capital started coverage on shares of Prairiesky Royalty (TSE:PSK) in a research note issued on Wednesday. The firm set a “sector perform” rating and a C$43.00 price target on the stock. RBC Capital’s price target indicates a potential upside of 10.61% from the company’s current price.

Separately, analysts at TD Securities initiated coverage on shares of Prairiesky Royalty in a research note on Wednesday. They set a “buy” rating and a C$45.00 price target on the stock.

Prairiesky Royalty (TSE:PSK) traded up 0.18% on Wednesday, hitting $38.87. The stock had a trading volume of 143,216 shares. Prairiesky Royalty has a 52-week low of $35.00 and a 52-week high of $40.31. The stock has a 50-day moving average of $38.13 and a 200-day moving average of $38.13.

PrairieSky Royalty Ltd. is a wholly owned subsidiary of Encana Corporation. The Company focuses to provide investors with the opportunity to invest in a royalty business, which includes approximately 5.

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