Valener Inc (VNR) Receives Average Recommendation of “Hold” from Analysts
Shares of Valener Inc (TSE:VNR) have been assigned an average recommendation of “Hold” from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$22.60.
VNR has been the subject of several research reports. TD Securities reissued a “hold” rating and set a C$21.00 price objective on shares of Valener in a research note on Wednesday, March 8th. National Bank Financial raised their price objective on Valener from C$22.00 to C$23.00 and gave the stock a “sector perform” rating in a research note on Monday, May 15th.
TRADEMARK VIOLATION WARNING: “Valener Inc (VNR) Receives Average Recommendation of “Hold” from Analysts” was originally reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/06/19/valener-inc-vnr-receives-average-recommendation-of-hold-from-analysts.html.
Valener (VNR) opened at 22.88 on Monday. The firm has a market capitalization of $888.02 million and a PE ratio of 18.09. Valener has a 12-month low of $18.76 and a 12-month high of $23.23. The stock has a 50 day moving average price of $22.46 and a 200-day moving average price of $21.49.
Valener Company Profile
Valener Inc is a Canada-based energy company. The Company holds interests in Gaz Metro Limited Partnership (Gaz Metro), whose core operations are natural gas distribution in Quebec and Vermont, as well as electricity distribution in Vermont. The Company also owns indirect interests in wind farms through its subsidiaries, Valener Eole Inc and Valener Eole 4 Inc, which have approximately 154 turbines and an installed capacity of 340 megawatts.
Receive News & Ratings for Valener Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valener Inc and related companies with MarketBeat.com's FREE daily email newsletter.