Canaccord Genuity Lowers Valeura Energy Inc (VLE) Price Target to C$1.40
Valeura Energy Inc (TSE:VLE) had its target price reduced by research analysts at Canaccord Genuity from C$1.50 to C$1.40 in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock. Canaccord Genuity’s target price would indicate a potential upside of 47.37% from the company’s previous close.
Separately, Mackie lifted their price objective on Valeura Energy from C$1.75 to C$1.95 and gave the company a “buy” rating in a research report on Monday, August 22nd.
Shares of Valeura Energy (TSE:VLE) remained flat at $0.95 during midday trading on Wednesday. The stock had a trading volume of 54,000 shares. The company’s market capitalization is $55.53 million. Valeura Energy has a 12-month low of $0.36 and a 12-month high of $1.44. The company’s 50-day moving average price is $0.94 and its 200-day moving average price is $0.98.
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