Analyst Downgrades – Veresen (TSE:VSN) Stock Gets Downgraded By Royal Bank of Canada from Outperform to Sector Perform

ME Staff
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Analyst Ratings For Veresen (TSE:VSN)

Today, Veresen (TSE:VSN) stock was downgraded by Royal Bank of Canada from Outperform to Sector Perform with a price target of C$18.65.

There are 1 sell rating, 4 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Veresen (TSE:VSN) is Hold (Score: 2.14) with a consensus target price of C$16.58 per share, a potential .

Some recent analyst ratings include

  • 5/3/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$18.65 price target on the stock, up previously from C$16.00 .
  • 5/2/2017-National Bank Financial was Downgraded by analysts at National Bank Financial from a “Outperform ” rating to a ” Tender” rating. They now have a C$20.50 price target on the stock, up previously from C$18.00 .
  • 3/14/2017-Scotiabank Reiterated Rating of Outperform.


    About Veresen (TSE:VSN)
    Veresen Inc. is an energy infrastructure company that owns and operates energy infrastructure assets across North America. The Company is engaged in three principal businesses: a pipeline transportation business consists of interests in the Alliance Pipeline, the Ruby Pipeline and the Alberta Ethane Gathering System (AEGS); a midstream business, which includes a partnership interest in Veresen Midstream Limited Partnership, which owns assets in western Canada, and an ownership interest in Aux Sable, which owns a natural gas liquids (NGL) extraction facility near Chicago, and other natural gas and NGL processing energy infrastructure, and a power business consists of a portfolio of assets in Canada. The Company’s segments include Pipelines, Midstream, Power and Corporate. Alliance Pipeline owns and manages an integrated, high-pressure natural gas and NGL pipeline. Ruby Pipeline is a natural gas transmission system. AEGS is an integrated pipeline system.

    Recent Trading Activity for Veresen (TSE:VSN)
    Shares of Veresen closed the previous trading session at 18.39 up +0.02 0.11% with 14,088,276 shares trading hands.