Cardinal Energy (CJ) Receives a Hold from RBC Capital


Shares of Cardinal Energy (CJ) were revisited by a Wall Street analyst today. The Materials company, Cardinal Energy (TSX: CJ) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Davis is ranked #336 out of 5556 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Cardinal Energy with a C$3.75 average price target.

The company has a one-year high of C$4.43 and a one-year low of C$1.80. Currently, Cardinal Energy has an average volume of 312.1K.

Cardinal Energy Ltd. engages in the exploration, development and production of oil and natural gas. Its projects include slave lake, wainwright and bantry. The company was founded on December 21, 2010 and is headquartered in Calgary, Canada.

The company’s shares closed last Friday at C$2.23, close to its 52-week low of C$1.80.

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