Greenfields Petroleum Downgraded by FirstEnergy Capital to Speculative Buy (GNF)
Greenfields Petroleum (CVE:GNF) was downgraded by stock analysts at FirstEnergy Capital from an “outperform” rating to a “speculative buy” rating in a report issued on Friday. They currently have a C$9.00 price objective on the stock, down from their previous price objective of C$11.00. FirstEnergy Capital’s price objective indicates a potential upside of 190.32% from the company’s current price.
Greenfields Petroleum (CVE:GNF) last posted its quarterly earnings results on Thursday, May 29th. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.07) by $0.14.
Greenfields Petroleum Corporation (CVE:GNF) is a junior oil and natural gas exploration and development company.
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