In a new note to investors today, an analyst has provided a rating update for Petrus Resources (PRQ). Analyst Jeremy Mccrea from Raymond James rated Petrus Resources (PRQ) a Buy, setting a C$1.25 price target.
According to TipRanks.com, Mccrea is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -11.3% and a 23.0% success rate. Mccrea covers the Basic Materials sector, focusing on stocks such as Bellatrix Exploration, Kelt Exploration Ltd, and Baytex Energy Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Petrus Resources with a C$1.25 average price target.
The company has a one-year high of C$2.48 and a one-year low of C$0.70. Currently, Petrus Resources has an average volume of 37.62K.
Petrus Resources Ltd. operates as an energy company, which engages in exploitation, strategic acquisitions and risk-managed exploration. It operates in the following areas: Ferrier, Central Alberta, and the central Rocky Mountain foothills. The company was founded on December 13, 2010 and is headquartered in Calgary, Canada.
The company’s shares closed on Monday at C$0.73, close to its 52-week low of C$0.70.
