Analyst Activity – Scotiabank Lowers Its Price Target On Pengrowth Energy Corp (TSE:PGF) to C$1.50

Analyst Ratings For Pengrowth Energy Corp (TSE:PGF)

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Today, Scotiabank lowered its price target on Pengrowth Energy Corp (TSE:PGF) to C$1.50 per share.

There are 4 sell ratings, 4 hold ratings, 1 buy rating on the stock.

The current consensus rating on Pengrowth Energy Corp (TSE:PGF) is Hold (Score: 1.67) with a consensus target price of C$1.88 per share, a potential .

Some recent analyst ratings include

  • 3/27/2017-Raymond James Financial, Inc. Reiterated Rating of Outperform.
  • 3/21/2017-Royal Bank of Canada Upgrade from a “Under Perform ” rating to a ” Sector Perform” rating.


    About Pengrowth Energy Corp (TSE:PGF)
    Pengrowth Energy Corporation is a resource company, which is engaged in the production, development, exploration and acquisition of oil and natural gas assets. The Company owns and operates Lindbergh thermal project, which is located in the Cold Lake area of Alberta and encompasses over 42.5 sections of land. The Company is focused on the Western Canadian Sedimentary Basin. The Company’s conventional oil and gas portfolio includes a contiguous land base in the Greater Olds/Garrington area, encompassing over 480 gross sections of land, with opportunities in the Cardium, Viking and Mannville sands, as well as in the Mississippian carbonate section. The Company’s asset, Groundbirch/Bernadet Montney natural gas is a gas resources play in North America, located in Bernadet. It also controls light oil accumulations in the Swan Hills area of northern Alberta. It has approximately 50 gross sections of Montney land with liquids content ranging from 0-75 barrel/million cubic feet (bbl/MMcf).

    Recent Trading Activity for Pengrowth Energy Corp (TSE:PGF)
    Shares of Pengrowth Energy Corp closed the previous trading session at 1.43 down -0.04 -2.72% with 1,191,998 shares trading hands.

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