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Valeura Energy Inc (TSE:VLE) target price raised to $2.00, reported today by Canaccord Genuity

Yesterday Valeura Energy Inc (TSE:VLE) traded 9.78% higher at $1.01. The company’s 50-day moving average is $0.93 and its 200-day moving average is $0.98. The last stock close price is up 3.36% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 580,499 shares of the stock were exchanged, up from an average trading volume of 85,127

Valeura Energy Inc (TSE:VLE) had its target price raised to $2.00 by Canaccord Genuity in a report released 10/14/2016. The new target price indicates a possible upside of 0.98% based on the company's last stock close price.

Previously on 08/22/2016, Mackie Research reported about Valeura Energy Inc (TSE:VLE) raised the target price from $1.75 to $1.95. At the time, this indicated a possible upside of 0.79%.

See Chart Below

Valeura Energy Inc (TSE:VLE)

Valeura Energy Inc has a one year low of $0.36 and a 52 week high of $1.44 The company’s market cap is currently $0.

In addition to Canaccord Genuity reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $1.31 with 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Valeura Energy Inc (TSE:VLE)

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