Canaccord Genuity boosted their price target on shares of Peyto Exploration (TSE: PEY)
Several other analysts have also recently commented on the stock. Analysts at CIBC raised their price target on shares of Peyto Exploration from $25.00 to $26.00 in a research note to investors on Thursday. They now have a ?sector perform? rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Peyto Exploration from $28.00 to $30.00 in a research note to investors on Thursday. They now have an ?outperform? rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Peyto Exploration from $28.00 to $29.00 in a research note to investors on Friday, February 15th.
Peyto Exploration traded down 2.58% on Thursday, hitting $26.43. Peyto Exploration has a 52-week low of $14.63 and a 52-week high of $27.31. The stock?s 50-day moving average is currently $23.07. The company has a price-to-earnings ratio of 39.90. Peyto Exploration & Development Corp. (Peyto) is a Canada-based energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in Western Canada.