Perpetual Energy (PMT) Receives a Hold from RBC Capital


Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. RBC Capital’s analyst Shailender Randhawa reiterates their Hold rating on the shares of Perpetual Energy (TSX: PMT), with a C$0.80 price target.

According to TipRanks.com, Randhawa is ranked #2714 out of 4848 analysts.

Read also: Crude Oil: Sell Now, Buy Later

Perpetual Energy has an analyst consensus of Hold, with a price target consensus of C$0.85.

Perpetual Energy’s market cap is currently C$38.68M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.25.

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$0.65.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts