Pengrowth Energy Corp (PGH) Given Consensus Rating of “Sell” by Brokerages
Shares of Pengrowth Energy Corp (NYSE:PGH) (TSE:PGF) have been assigned a consensus recommendation of “Sell” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Eight analysts have rated the stock with a sell rating and two have given a hold rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $2.00.
Several equities analysts have commented on PGH shares. Zacks Investment Research raised shares of Pengrowth Energy from a “sell” rating to a “hold” rating in a research report on Friday, September 22nd. ValuEngine cut shares of Pengrowth Energy from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 16th. Canaccord Genuity cut shares of Pengrowth Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. TD Securities cut shares of Pengrowth Energy from a “hold” rating to a “reduce” rating in a research report on Monday, October 2nd. Finally, AltaCorp Capital cut shares of Pengrowth Energy from a “sector perform” rating to an “underperform” rating in a research report on Friday, October 6th.
Pengrowth Energy (PGH) opened at $0.78 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07. Pengrowth Energy has a 1 year low of $0.54 and a 1 year high of $1.76.
About Pengrowth Energy
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.
Receive News & Ratings for Pengrowth Energy Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pengrowth Energy Corp and related companies with MarketBeat.com's FREE daily email newsletter.