Marquee Energy Upgraded to Buy by Canaccord Genuity (MQL)
Marquee Energy (CVE:MQL) was upgraded by analysts at Canaccord Genuity to a “buy” rating in a research report issued to clients and investors on Friday. The firm currently has a C$1.75 target price on the stock, up from their previous target price of C$1.50. Canaccord Genuity’s price objective indicates a potential upside of 50.86% from the stock’s previous close.
Separately, analysts at FirstEnergy Capital initiated coverage on shares of Marquee Energy in a research note on Monday, June 9th. They set an “outperform” rating on the stock. Five research analysts have rated the stock with a buy rating, Marquee Energy presently has an average rating of “Buy” and an average price target of C$1.48.
Marquee Energy Ltd. (CVE:MQL), formerly Marquee Petroleum Ltd.
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