Today, an analyst has provided a rating update for the Materials sector company, Journey Energy (JOY). The company received a Hold rating from AltaCorp Captial’s analyst Thomas Matthews, with a C$2.30 price target.
According to TipRanks.com, Matthews is a 2-star analyst with an average return of 0.1% and a 38.0% success rate. Matthews covers the Basic Materials sector, focusing on stocks such as Crescent Point Energy, Bellatrix Exploration, and Obsidian Energy Ltd.
Journey Energy has an analyst consensus of Hold, with a price target consensus of C$2.58.
The company has a one-year high of C$2.54 and a one-year low of C$1.31. Currently, Journey Energy has an average volume of 26.21K.
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$1.89.
