Rock Energy Receives Consensus Rating of “Buy” from Analysts (TSE:RE)
Rock Energy (TSE:RE) has received an average rating of “Buy” from the nine analysts that are covering the stock, Stock Ratings News reports. Nine analysts have rated the stock with a buy recommendation, The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$8.18.
A number of research firms have recently commented on RE. Analysts at FirstEnergy Capital raised their price target on shares of Rock Energy from C$9.00 to C$10.00 in a research note on Thursday, August 14th. They now have an “outperform” rating on the stock. Analysts at Octagon Capital initiated coverage on shares of Rock Energy in a research note on Wednesday, May 28th. They set a “buy” rating on the stock.
Rock Energy (TSE:RE) opened at 6.87 on Friday. Rock Energy has a 52 week low of $1.66 and a 52 week high of $7.45. The stock has a 50-day moving average of $6.44 and a 200-day moving average of $5.91. The company’s market cap is $271.6 million.
Rock Energy (TSE:RE) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. On average, analysts predict that Rock Energy will post $0.15 earnings per share for the current fiscal year.
Rock Energy Inc (TSE:RE) is an energy company engaged in the exploration for and development and production of crude oil and natural gas in Western Canada.
Receive News & Ratings for Rock Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rock Energy Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.