Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the ten research firms that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$20.92.
PEY has been the subject of a number of recent analyst reports. Canaccord Genuity Group downgraded Peyto Exploration & Development from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 14th. Raymond James Financial downgraded Peyto Exploration & Development from an "outperform" rating to a "market perform" rating and set a C$21.00 price objective for the company. in a report on Thursday, May 22nd. Royal Bank Of Canada upped their price objective on Peyto Exploration & Development from C$18.00 to C$21.00 and gave the company a "sector perform" rating in a report on Thursday, May 22nd. National Bankshares upped their price objective on Peyto Exploration & Development from C$18.00 to C$24.00 and gave the company an "outperform" rating in a report on Thursday, May 22nd. Finally, TD Securities upped their price objective on Peyto Exploration & Development from C$20.00 to C$22.00 and gave the company a "buy" rating in a report on Thursday, May 22nd.
View Our Latest Analysis on PEY
Peyto Exploration & Development Trading Up 0.8%
Shares of PEY stock traded up C$0.15 on Wednesday, reaching C$18.77. 339,182 shares of the stock were exchanged, compared to its average volume of 889,179. The stock has a market cap of C$3.73 billion, a PE ratio of 12.65, a P/E/G ratio of -0.46 and a beta of 1.75. Peyto Exploration & Development has a one year low of C$13.40 and a one year high of C$21.12. The company has a debt-to-equity ratio of 49.96, a current ratio of 1.28 and a quick ratio of 0.32. The stock has a 50 day moving average price of C$19.11 and a 200 day moving average price of C$17.49.
Peyto Exploration & Development Company Profile
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Get Free ReportPeyto Exploration & Development Corp (Peyto Exploration & Development) is an oil and gas company that involves in the exploration and development of natural gas. The company acquires, explores, develops and produces crude oil and unconventional natural gas reserves.
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