Chinook Energy (CKE) PT Set at C$0.15 by Raymond James Financial

Chinook Energy (TSE:CKE) has been assigned a C$0.15 price objective by equities researchers at Raymond James Financial in a research report issued to clients and investors on Thursday. The firm presently has an “underperform” rating on the stock. Raymond James Financial’s target price would suggest a potential downside of 31.82% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Catalyst Equity Research dropped their price objective on shares of Chinook Energy from C$0.55 to C$0.50 in a report on Monday, November 13th. dropped their price objective on shares of Chinook Energy from C$0.55 to C$0.50 in a report on Monday, November 13th. dropped their price objective on shares of Chinook Energy from C$0.55 to C$0.50 in a report on Monday, November 13th. dropped their price objective on shares of Chinook Energy from C$0.55 to C$0.50 in a report on Monday, November 13th. Finally, National Bank Financial dropped their price objective on shares of Chinook Energy from C$0.50 to C$0.35 and set an “outperform” rating on the stock in a report on Tuesday, January 9th.

Chinook Energy (CKE) traded down C$0.01 during mid-day trading on Thursday, hitting C$0.22. 208,079 shares of the company were exchanged, compared to its average volume of 146,894. Chinook Energy has a 1-year low of C$0.21 and a 1-year high of C$0.46. The firm has a market cap of $49.94, a PE ratio of 4.40 and a beta of 1.13.

Chinook Energy (TSE:CKE) last released its quarterly earnings data on Thursday, November 9th. The company reported C($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of C($0.01) by C($0.01).

TRADEMARK VIOLATION WARNING: “Chinook Energy (CKE) PT Set at C$0.15 by Raymond James Financial” was published by American Banking News and is the property of of American Banking News. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://www.americanbankingnews.com/2018/01/18/chinook-energy-cke-pt-set-at-c0-15-by-raymond-james-financial.html.

Chinook Energy Company Profile

Chinook Energy Inc, an oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas in Canada. Its principal oil and natural gas properties comprise 51,964 net acres of land located in Birley/Umbach area, Northeast British Columbia; 75,018 net acres of land located in Martin Creek/Black-Conroy area, Northeast British Columbia; 27,291 net acres of land located in Gold Creek and Knopcik areas, Northwest Alberta; and 24,570 net acres of land located in Boundary Lake area, Northeast British Columbia.

Receive News & Ratings for Chinook Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chinook Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply