Wall Street analyst has provided a review for the NA company yesterday, but retained the same rating on the stock. Obsidian Energy Ltd (TSX: OBE) received a Buy rating from GMP FirstEnergy’s analyst Darren Engels, with a C$1.75 price target.
According to TipRanks.com, Engels is ranked #282 out of 4853 analysts.
Obsidian Energy Ltd has an analyst consensus of Moderate Buy, with a price target consensus of C$1.97, which is a 44.9% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a C$1.80 price target.
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Obsidian Energy Ltd’s market cap is currently C$686.7M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.33.
Obsidian Energy Ltd. engages the production of oil and gas. I also involves in acquiring, exploring, developing, exploiting, and holding interests in petroleum and natural gas properties and related assets. Its portfolio of properties includes Cardium, Alberta Viking, Deep Basin, and Peace River.
The company’s shares closed on Thursday at C$1.36.
