New Zealand Energy Corp (CVE:NZ) had its target price lowered by M Partners from C$0.80 to C$0.70 in a research note released on Friday morning, Analyst Ratings.Net reports. They currently have a buy rating on the stock.
Separately, analysts at Haywood Securities cut their price target on shares of New Zealand Energy Corp (CVE:NZ) from C$2.00 to C$0.85 in a research note to investors on Thursday, August 22nd. They now have a sector perform rating on the stock.
Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of C$0.67.
New Zealand Energy Corp. (CVE:NZ) is an oil and natural gas company engaged in the exploration, acquisition and development of petroleum and natural gas assets in New Zealand.
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