PrairieSky Royalty Ltd Declares Aug 14 Dividend of C$0.11 (PSK)
PrairieSky Royalty (TSE:PSK) announced a aug 14 dividend on Monday, August 18th, Analyst RN reports. Shareholders of record on Friday, August 29th will be paid a dividend of 0.1058 per share on Monday, September 15th.
Several analysts have recently commented on the stock. Analysts at Scotiabank reiterated a “sector perform” rating on shares of PrairieSky Royalty in a research note on Wednesday, July 23rd. On a related note, analysts at BMO Capital Markets initiated coverage on shares of PrairieSky Royalty in a research note on Tuesday, July 8th. They set an “outperform” rating and a C$45.00 price target on the stock. Finally, analysts at National Bank Financial initiated coverage on shares of PrairieSky Royalty in a research note on Thursday, July 3rd. They set an “outperform” rating and a C$45.00 price target on the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of C$44.20.
Shares of PrairieSky Royalty (TSE:PSK) opened at 39.64 on Wednesday. PrairieSky Royalty has a 52-week low of $35.00 and a 52-week high of $42.60. The stock’s 50-day moving average is $39.82 and its 200-day moving average is $39.15. The company’s market cap is $5.153 billion.
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.