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Pengrowth Energy (TSE:PGF) target bumped up to $1.25, issued a research note today by BMO Capital Markets

Just yesterday Pengrowth Energy (TSE:PGF) traded -3.94% lower at $1.11. Pengrowth Energy’s 50-day moving average is $0.78 and its 200-day moving average is $1.11. The last closing price is down 10.08% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 1,663,707 shares of PGF traded hands, up from an average trading volume of 1,040,790

In a report released on 11/14/2017 BMO Capital Markets increased the stock price target of Pengrowth Energy (TSE:PGF) to $1.25 reporting a possible upside of 0.13%.

Previously on 11/10/2017, National Bank Financial reported on Pengrowth Energy (TSE:PGF) increased the target price from $1.00 to $1.30. At the time, this indicated a possible upside of 0.02%.

Recent Performance Chart

Pengrowth Energy (TSE:PGF)

Pengrowth Energy has 52 week low of $0.68 and a 52 week high of $2.32 and has a market capitalization of $0.

In addition to BMO Capital Markets reporting its stock price target, a total of 13 brokers have issued a research note on the company. The average stock price target is $1.51 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 7 brokers rating the stock a hold, 6 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On Pengrowth Energy (TSE:PGF)

Pengrowth Energy Corporation is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia. The Lindbergh thermal property is located approximately 420 kilometers north east of Calgary, Alberta and 50 kilometers south of Bonnyville, Alberta. Its Greater Olds/Garrington area is located approximately 100 kilometers north of Calgary, Alberta. It has varied Working Interests within the Swan Hills area in all of the properties throughout this regional Beaverhill Lake resource base. These are both operated and non-operated, unit and non-unit properties in Judy Creek, Carson Creek, House Mountain, Deer Mountain, Swan Hills, South Swan Hills and Freeman. The properties are located approximately 200 kilometers northwest of Edmonton, Alberta. Its Groundbirch property is located approximately 40 kilometers south west of Fort St. John, British Columbia.

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