Analyst Activity – Scotiabank Raises Its Price Target On Perpetual Energy (TSE:PMT) to C$2.25

Analyst Ratings For Perpetual Energy (TSE:PMT)

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Today, Scotiabank raised its price target on Perpetual Energy (TSE:PMT) to C$2.25 per share.

There are 5 hold ratings on the stock.

The current consensus rating on Perpetual Energy (TSE:PMT) is Hold (Score: 2.00) with a consensus target price of C$2.04 per share, a potential .

Some recent analyst ratings include

  • 2/21/2017-Royal Bank of Canada Reiterated Rating of Sector Perform.
  • 2/13/2017-GMP Securities was Downgraded by analysts at GMP Securities from a “Buy ” rating to a ” Hold” rating. They now have a C$2.50 price target on the stock, up previously from C$3.00 .
  • 4/15/2016-National Bank Financial Reiterated Rating of Sector Perform.

    About Perpetual Energy (TSE:PMT)
    Perpetual Energy Inc. (Perpetual) is a Canada-based oil and natural gas exploration and production company. The Company is engaged in finding, developing, producing and marketing natural gas, natural gas liquids (NGL), oil and bitumen. Perpetual’s business consists of operations in Alberta focused on exploring and developing the natural gas and NGL resource opportunities in the deep basin in west central Alberta; the exploration for and extraction of heavy oil in eastern Alberta; the development and production of shallow natural gas from mature producing regions in eastern Alberta; bitumen opportunities in northeast Alberta, and interest in a commercial gas storage business through the operation and ownership in a gas storage facility at Warwick in east central Alberta. In the West Central area, it owns and operates both commingled wells and horizontal wells producing liquids-rich gas from the Wilrich formation. Its Mannville heavy oil property is located east of Edmonton.

    Recent Trading Activity for Perpetual Energy (TSE:PMT)
    Shares of Perpetual Energy closed the previous trading session at 1.60 0.00 0.00% with 13,117 shares trading hands.

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