The Northern Blizzard Resources Inc. (NBZ) Price Target Cut to C$4.50 by Analysts at Royal Bank Of Canada

The Northern Blizzard Resources Inc. (NBZ) Price Target Cut to C$4.50 by Analysts at Royal Bank Of Canada

Northern Blizzard Resources Inc. (TSE:NBZ) had its target price reduced by research analysts at Royal Bank Of Canada from C$5.00 to C$4.50 in a research report issued to clients and investors on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada’s price objective would suggest a potential upside of 23.29% from the stock’s previous close.

Other analysts have also issued reports about the stock. RBC Capital Markets dropped their price target on shares of Northern Blizzard Resources from C$5.00 to C$4.50 in a research report on Thursday. TD Securities dropped their price target on shares of Northern Blizzard Resources from C$6.50 to C$6.00 and set a “buy” rating on the stock in a research report on Friday, August 12th. CIBC assumed coverage on shares of Northern Blizzard Resources in a report on Wednesday, June 15th. They issued a “sector perform” rating and a C$5.00 price objective on the stock. Finally, BMO Capital Markets reiterated an “underperform” rating and issued a C$4.00 price objective on shares of Northern Blizzard Resources in a report on Friday, September 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of C$4.96.

Northern Blizzard Resources (TSE:NBZ) traded up 3.11% during trading on Thursday, hitting $3.65. 88,822 shares of the stock were exchanged. Northern Blizzard Resources has a 52 week low of $2.76 and a 52 week high of $5.74. The firm has a 50-day moving average of $3.83 and a 200-day moving average of $4.25. The stock’s market capitalization is $433.35 million.

Northern Blizzard Resources Company Profile

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