N.A. Energy Gets a Buy Rating from Canaccord Genuity

In a new note to investors today, an analyst has provided a rating update for the Materials sector company, N.A. Energy (TSX: NOA). The company received a Buy rating from Canaccord Genuity’s analyst Yuri Lynk, with a C$9 price target.

Lynk has an average return of 24.1% when recommending N.A. Energy.

According to TipRanks.com, Lynk is ranked #498 out of 4772 analysts.

N.A. Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$9.

The company has a one-year high of C$7.99 and a one-year low of C$4.52. Currently, N.A. Energy has an average volume of 27.51K.

North American Construction Group Ltd. provides mining and heavy construction services. It offers their services to customers in the resource development and industrial construction sectors, primarily within Western Canada. The company focuses on supporting the construction and operation of surface mines, in the oil sands.

The company’s shares closed on Tuesday at C$7.40.