Arsenal Energy Rating Reiterated by National Bank Financial (AEI)
Arsenal Energy (TSE:AEI)‘s stock had its “outperform” rating restated by analysts at National Bank Financial in a research report issued to clients and investors on Monday. They currently have a C$9.50 price objective on the stock. National Bank Financial’s target price indicates a potential upside of 15.29% from the stock’s previous close.
Arsenal Energy (TSE:AEI) traded down 4.61% during mid-day trading on Monday, hitting $7.86. The stock had a trading volume of 107,505 shares. Arsenal Energy has a one year low of $4.05 and a one year high of $8.70. The stock has a 50-day moving average of $8.10 and a 200-day moving average of $6.40. The company has a market cap of $126.3 million and a P/E ratio of 43.37.
Several other analysts have also recently commented on the stock. Analysts at Pi Financial raised their price target on shares of Arsenal Energy from C$6.50 to C$7.80 in a research note on Wednesday, May 7th. They now have a “neutral” rating on the stock. Analysts at NBF raised their price target on shares of Arsenal Energy from C$7.00 to C$8.25 in a research note on Wednesday, May 7th.
Arsenal Energy Inc (TSE:AEI) is an oil and gas exploration, development and production Company based in Calgary, Alberta, Canada.
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