Analyst Upgrades – Petrus Resources Ltd (TSE:PRQ) Stock Gets Upgraded By Royal Bank of Canada from Sector Perform to Outperform

Analyst Ratings For Petrus Resources Ltd (TSE:PRQ)

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Today, Petrus Resources Ltd (TSE:PRQ) stock received an upgrade by Royal Bank of Canada from Sector Perform to Outperform with a price target of C$3.50.

There are 1 buy rating on the stock.

The current consensus rating on Petrus Resources Ltd (TSE:PRQ) is Buy (Score: 3.00) with a consensus target price of C$3.70 per share, a potential .

Some recent analyst ratings include

  • 3/10/2017-Royal Bank of Canada Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
  • 2/29/2016-GMP Securities Reiterated Rating of Buy.
  • 2/17/2016-Cormark initiated coverage with a Buy rating.

    About Petrus Resources Ltd (TSE:PRQ)
    Petrus Resources Ltd. is an oil and gas company. The Company focuses on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has production and growth opportunities in approximately three areas within the province of Alberta, including Ferrier, Central Alberta and the central Rocky Mountain foothills region. The Company’s Ferrier area’s features include Glauconitic, Belly River and Mannville plays. The Company owns various oil and gas producing properties in southwest of Edmonton. The Company owns oil and gas producing properties along the foothills trend in the vicinity of Hinton, stretching from Cordel / Stolberg in the south to Cabin Creek in the north. The Company’s subsidiaries include Petrus Resources Corp. and Petrus Resources Inc.

    Recent Trading Activity for Petrus Resources Ltd (TSE:PRQ)
    Shares of Petrus Resources Ltd closed the previous trading session at 2.32 up +0.06 2.65% with 5,300 shares trading hands.

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