Canaccord Genuity Reaffirms Their Hold Rating on Journey Energy (JOY)


Journey Energy (TSX: JOY), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Sam Roach from Canaccord Genuity rated Journey Energy (TSX: JOY) a Hold, setting a C$1.80 price target.

Roach has an average return of 2.0% when recommending Journey Energy.

According to TipRanks.com, Roach is ranked #554 out of 4850 analysts.

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Currently, the analyst consensus on Journey Energy is a Hold with an average price target of C$2.40.

The company has a one-year high of C$2.30 and a one-year low of C$1.43. Currently, Journey Energy has an average volume of 16.59K.

Journey Energy, Inc. is a Canadian exploration and production company focused on oil-weighted operations in western Canada. Its activities include drilling on its existing core lands, implementing water flood projects and executing on accretive acquisitions. The company was founded on June 26, 2007 and is headquartered in Alberta, Canada.

The company’s shares closed on Tuesday at C$1.72.

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