Haywood Securities Analysts Give Pieridae Energy (PEA) a C$4.00 Price Target

Share on StockTwits

Haywood Securities set a C$4.00 price target on Pieridae Energy (CVE:PEA) in a report released on Wednesday. The brokerage currently has a buy rating on the stock.

CVE:PEA opened at C$2.00 on Wednesday. The stock has a market capitalization of $163.20 million and a price-to-earnings ratio of -3.40. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 0.84. Pieridae Energy has a 1-year low of C$1.82 and a 1-year high of C$5.20.

Pieridae Energy Company Profile

Pieridae Energy Limited engages in the exploration and development of oil and gas properties in Canada. As of December 31, 2017, the company holds interests in lands covering an area of 883,721 net hectares in the provinces of Québec and New Brunswick. The company was founded in 2011 and is headquartered in Calgary, Canada.

Further Reading: Why does a company issue an IPO?

Receive News & Ratings for Pieridae Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pieridae Energy and related companies with MarketBeat.com's FREE daily email newsletter.