RBC Capital Reaffirms Their Buy Rating on PrairieSky Royalty Ltd (PREKF)


RBC Capital analyst Shailender Randhawa maintained a Buy rating on PrairieSky Royalty Ltd (PREKF) today and set a price target of C$21.00. The company’s shares closed last Monday at $11.68, equals to its 52-week low of $11.68.

According to TipRanks.com, Randhawa is ranked #5102 out of 5556 analysts.

PrairieSky Royalty Ltd has an analyst consensus of Strong Buy, with a price target consensus of $16.74.

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The company has a one-year high of $16.69 and a one-year low of $11.68. Currently, PrairieSky Royalty Ltd has an average volume of 637.

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PrairieSky Royalty Ltd. engages in the acquisition and management of royalty lands, in order to generate significant free cash flow through indirect third-party oil and gas investments. It offers its owned portfolio of royalty lands in Canada. The company was founded on November 27, 2013 and is headquartered in Calgary, Canada.

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