Penn Virginia Corporation (PVAC) Gets a Hold Rating from Northland Securities


Northland Securities analyst Jeff Grampp maintained a Hold rating on Penn Virginia Corporation (PVAC) on March 17. The company’s shares closed yesterday at $52.65.

According to TipRanks.com, Grampp has 0 stars on 0-5 star ranking scale with an average return of -10.1% and a 35.3% success rate. Grampp covers the Basic Materials sector, focusing on stocks such as Sundance Energy Australia, Goodrich Petroleum Corp, and Lonestar Resources US.

The word on The Street in general, suggests a Hold analyst consensus rating for Penn Virginia Corporation with a $57 average price target.

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The company has a one-year high of $96.13 and a one-year low of $32.91. Currently, Penn Virginia Corporation has an average volume of 129.9K.

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PVAC in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Penn Virginia Corp. engages in the exploration, development, and production of oil, natural gas liquids, and natural gas in various domestic onshore regions of the United States. It focuses primarily on the Eagle Ford Shale project located in South Texas. The company was founded in 1882 and is headquartered in Houston, TX.

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