Highwood Asset Management (CVE:HAM) Price Target Lowered to C$7.25 at ATB Capital

Highwood Asset Management (CVE:HAM - Get Free Report) had its price target dropped by investment analysts at ATB Capital from C$8.00 to C$7.25 in a research note issued to investors on Friday,BayStreet.CA reports. ATB Capital's target price would indicate a potential upside of 38.10% from the company's current price.

Highwood Asset Management Trading Down 6.7%

Shares of Highwood Asset Management stock traded down C$0.38 during trading on Friday, reaching C$5.25. The company's stock had a trading volume of 3,600 shares, compared to its average volume of 5,901. The stock has a 50-day moving average price of C$5.63 and a two-hundred day moving average price of C$5.74. Highwood Asset Management has a one year low of C$5.02 and a one year high of C$6.50. The stock has a market capitalization of C$77.91 million, a P/E ratio of 0.97 and a beta of -0.90.

Highwood Asset Management Company Profile

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments.