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TD Securities disclosed Perpetual Energy (TSE:PMT), bumping down its price target to $1.65 earlier today

Reporting a potential downside of -0.13%, TD Securities dropped the price target of Perpetual Energy (TSE:PMT) to $1.65

On Thursday May 12, 2016, TD Securities released a statement on Perpetual Energy (TSE:PMT) dropped the target price from $1.50 to $1.30 that suggested an upside of 0.04%.

Having a price of $1.90, Perpetual Energy (TSE:PMT) traded -2.02% lower on the day. With the last close up 13.04% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. PMT has recorded a 50-day average of $1.92 and a two hundred day average of $1.72. Trade Volume was down over the average, with 32,728 shares of PMT changing hands under the typical 52,510

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Perpetual Energy (TSE:PMT)

Perpetual Energy has with a one year low of $0.60 and a one year high of $16.00 and has a market capitalization of $0.

A total of 6 analysts have released a report on Perpetual Energy. zero analysts rating the company a strong buy, zero analysts rating the company a buy, five analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $1.33.

General Company Details For Perpetual Energy (TSE:PMT)

Perpetual Energy Inc. (Perpetual) is a Canada-based oil and natural gas exploration and production company. The Company is engaged in finding, developing, producing and marketing natural gas, natural gas liquids (NGL), oil and bitumen. Perpetual's business consists of operations in Alberta focused on exploring and developing the natural gas and NGL resource opportunities in the deep basin in west central Alberta; the exploration for and extraction of heavy oil in eastern Alberta; the development and production of shallow natural gas from mature producing regions in eastern Alberta; bitumen opportunities in northeast Alberta, and interest in a commercial gas storage business through the operation and ownership in a gas storage facility at Warwick in east central Alberta. In the West Central area, it owns and operates both commingled wells and horizontal wells producing liquids-rich gas from the Wilrich formation. Its Mannville heavy oil property is located east of Edmonton.

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