A Wall Street analyst has provided a rating update for the Materials sector company today, while remaining neutral on the stock. BMO Capital’s analyst Randy Ollenberger reiterates their Hold rating on the shares of Peyto Exploration & Dev (PEY), with a C$5 price target.
According to TipRanks.com, Ollenberger is a 1-star analyst with an average return of -2.3% and a 44.7% success rate. Ollenberger covers the Basic Materials sector, focusing on stocks such as Painted Pony Petroleum Ltd, Tamarack Valley Energy Ltd, and Paramount Resources Ltd.
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Currently, the analyst consensus on Peyto Exploration & Dev is a Moderate Buy with an average price target of C$8.05.
The company has a one-year high of C$12.44 and a one-year low of C$3.85. Currently, Peyto Exploration & Dev has an average volume of 763.1K.
The company’s shares closed on Friday at C$3.92, close to its 52-week low of C$3.85.