The Materials sector company, Perpetual Energy (PMT), has received a rating update from a Wall Street analyst today. Analyst Aaron Bilkoski from TD Securities rated Perpetual Energy (PMT) a Hold, setting a C$0.30 price target.
According to TipRanks.com, Bilkoski is ranked 0 out of 5 stars with an average return of -12.6% and a 30.2% success rate. Bilkoski covers the Basic Materials sector, focusing on stocks such as NuVista Energy Ltd, Pine Cliff Energy, and Enerplus Corp.
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The word on The Street in general, suggests a Hold analyst consensus rating for Perpetual Energy with a C$0.40 average price target, an 81.8% upside from current levels. In a report released yesterday, RBC Capital also reiterated a Hold rating on the stock with a C$0.50 price target.
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Perpetual Energy’s market cap is currently C$12.98M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.08.
Perpetual Energy, Inc. engages in the exploration, production, and distribution of oil and gas-based energy. Its portfolio includes natural gas assets in the deep basin of west central Alberta, heavy oil and shallow natural gas in eastern Alberta, and undeveloped oil sands leases in northern Alberta.
The company’s shares closed on Friday at C$0.22, close to its 52-week low of C$0.19.
