In a latest note to investors, a research analyst has provided a rating update for the Utilities sector company, Blackbird Energy (TSXV: BBI). Today, analyst Luke Davis gave a Buy rating to BBI and set a C$0.75 price target.
The the analyst consensus on Blackbird Energy is currently a Hold rating.
The company has a one-year high of C$0.47 and a one-year low of C$0.30. Currently, Blackbird Energy has an average volume of 398.2K.
Blackbird Energy, Inc. is a junior oil and gas company. The firm engages in the acquisition, exploration, development, production of petroleum and gas properties. Its project includes the Pipestone or Elmworth Project. The company was founded on September 21, 2006 and is headquartered in Calgary, Canada.
The company’s shares closed on Wednesday at C$0.32, close to its 52-week low of C$0.30.
