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Equities research analysts at Canaccord Genuity increased their price target on shares of Questerre Energy (TSE:QEC) to C$1.75 in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 49.57% from the company’s current price.

Questerre Energy (TSE:QEC) opened at 1.19 on Wednesday. Questerre Energy has a 52 week low of $0.95 and a 52 week high of $1.58. The stock has a 50-day moving average of $1. and a 200-day moving average of $1.24. The company’s market cap is $315.3 million.

Questerre Energy Corporation (TSE:QEC) is engaged in the exploration for, and the development, production and acquisition of oil and gas projects, particularly shale oil and gas.

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