Pengrowth Energy Corp (TSE:PGF) Scheduled to Post Quarterly Earnings on Monday
Pengrowth Energy Corp (TSE:PGF) (NYSE:PGH) will announce its earnings results after the market closes on Monday, August 14th.
Pengrowth Energy Corp (TSE:PGF) opened at 0.88 on Monday. Pengrowth Energy Corp has a 12 month low of $0.87 and a 12 month high of $2.32. The company’s 50-day moving average price is $1.00 and its 200-day moving average price is $1.33. The stock’s market cap is $485.98 million.
A number of equities research analysts have commented on PGF shares. Barclays PLC lowered their target price on Pengrowth Energy Corp from C$1.00 to C$0.50 in a report on Monday, July 24th. Royal Bank Of Canada lowered their target price on Pengrowth Energy Corp from C$1.75 to C$1.50 and set a “sector perform” rating on the stock in a report on Wednesday, July 12th. TD Securities increased their target price on Pengrowth Energy Corp from C$1.20 to C$1.55 and gave the company a “hold” rating in a report on Thursday, April 27th. Scotiabank reiterated an “underperform” rating and set a C$1.50 target price on shares of Pengrowth Energy Corp in a report on Wednesday, April 26th. Finally, Canaccord Genuity cut Pengrowth Energy Corp from a “speculative buy” rating to a “hold” rating and lowered their target price for the company from C$1.75 to C$1.15 in a report on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of C$1.49.
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About Pengrowth Energy Corp
Pengrowth Energy Corporation is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia. The Lindbergh thermal property is located approximately 420 kilometers north east of Calgary, Alberta and 50 kilometers south of Bonnyville, Alberta.
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