Pengrowth Energy Corp (PGF) PT Raised to C$2.40 at Canaccord Genuity
Pengrowth Energy Corp (TSE:PGF) had its price target boosted by Canaccord Genuity from C$2.15 to C$2.40 in a research report issued on Friday, StockTargetPrices.com reports. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity’s price target indicates a potential upside of 7.62% from the company’s previous close.
PGF has been the subject of a number of other research reports. Desjardins set a C$2.00 target price on Pengrowth Energy Corp in a research note on Tuesday, June 28th. CIBC assumed coverage on Pengrowth Energy Corp in a research note on Wednesday, June 15th. They issued an “underperform” rating and a C$1.85 target price for the company. TD Securities reaffirmed a “reduce” rating and set a C$1.05 price target on shares of Pengrowth Energy Corp in a research report on Friday, August 5th. Barclays PLC downgraded Pengrowth Energy Corp from an “equal weight” rating to an “underweight” rating in a research report on Friday, July 22nd. Finally, RBC Capital Markets increased their price target on Pengrowth Energy Corp from C$1.25 to C$1.50 in a research report on Wednesday, September 28th. Four research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of C$1.86.
Shares of Pengrowth Energy Corp (TSE:PGF) traded up 0.45% during trading on Friday, hitting $2.24. The stock had a trading volume of 1,152,080 shares. The firm’s market cap is $1.23 billion. The firm has a 50 day moving average price of $2.02 and a 200 day moving average price of $2.04. Pengrowth Energy Corp has a 12-month low of $0.66 and a 12-month high of $2.70.
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About Pengrowth Energy Corp
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