PrairieSky Royalty (TSE:PSK – Get Free Report) had its price target hoisted by research analysts at National Bankshares from C$33.00 to C$37.00 in a report released on Wednesday, BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ target price indicates a potential upside of 31.63% from the stock’s current price.
Other research analysts have also recently issued reports about the stock. Raymond James raised shares of PrairieSky Royalty to a “hold” rating in a report on Thursday, October 17th. ATB Capital raised their target price on PrairieSky Royalty from C$28.50 to C$30.00 in a report on Friday, July 19th. TD Securities lowered their price target on shares of PrairieSky Royalty from C$26.00 to C$25.00 in a research note on Tuesday, October 1st. Atb Cap Markets upgraded shares of PrairieSky Royalty from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 15th. Finally, Royal Bank of Canada upgraded shares of PrairieSky Royalty from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$31.00 to C$33.00 in a research report on Tuesday, September 17th. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$30.60.
Check Out Our Latest Stock Analysis on PrairieSky Royalty
PrairieSky Royalty Stock Performance
About PrairieSky Royalty
PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.5 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.
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