Pengrowth Energy Corp (PGF) Receives C$1.89 Consensus Price Target from Brokerages

Marco Green
May 27, 2017

Finally, Zacks Investment Research cut shares of Pengrowth Energy Corp from a "buy" rating to a "hold" rating in a report on Wednesday, January 4th. The firm has "Sector Perform" rating given on Monday, November 30 by RBC Capital Markets. The company has an average rating of "Hold" and a consensus price target of C$1.91. Even though past volatility activity may help predict the future volatility of a stock, it may also be widely different when taking into account other factors that may be driving price action during the period of time.

12/15/2016 - Pengrowth Energy Corporation had its "market perform" rating reiterated by analysts at Raymond James. The analysts, on average, are forecasting a $47.25 price target, but the stock is already up 65.51% from its recent lows. Barclays Capital downgraded the stock to "Underweight" rating in Friday, July 22 report. There is no concrete way to calculate a price target. Royal Bank of Canada upgraded shares of Pengrowth Energy Corp from an "under perform" rating to a "sector perform" rating and set a C$1.75 target price on the stock in a research note on Tuesday, March 21st. They now have a United States dollars 2.4 price target on the stock.

Pengrowth Energy Corp (TSE:PGF) opened at 1.25 on Thursday. Pengrowth Energy Corporation P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0. The stock was acquired at an average price of C$1.09 per share, for a total transaction of C$16,350.00.

Pengrowth Energy Corporation (PGH) is expected to post revenue of $560.32 Million in the current quarter, according to consensus of 4 analysts. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock.

08/12/2014 - Pengrowth Energy Corporation was upgraded to "buy" by analysts at Salman Partners. The correct version of this story can be accessed at https://www.chaffeybreeze.com/2017/05/25/pengrowth-energy-corp-pgh-rating-reiterated-by-altacorp-capital-updated-updated.html.

A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year. Scotiabank reissued an "underperform" rating and issued a C$1.50 target price on shares of Pengrowth Energy Corp in a report on Wednesday, May 3rd.

Pengrowth Energy Corporation shares decreased -0.98 percent over the past week and fell -8.24 percent over the previous month. Pengrowth Energy Corp has a one year low of $0.76 and a one year high of $2.05. Pengrowth Energy Corp (TSE:PGF) has 0.00% since May 25, 2016 and is. The firm's 50-day moving average is $1.32 and its 200-day moving average is $1.65. The company's market cap is $679.27 million.

Monster Beverage Corporation (NASDAQ:MNST) shares were last seen up 2.25% at $49.43, which is 15% higher than the previous trading session.

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