Valener Inc (TSE:VNR) had its price target raised by stock analysts at BMO Capital Markets from C$21.00 to C$22.00 in a report issued on Friday, StockTargetPrices.com reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 6.43% from the stock’s previous close.
Other research analysts have also issued reports about the stock. Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$24.00 price target on shares of Valener in a research note on Friday. Desjardins restated a “hold” rating and set a C$22.50 price objective (up from C$22.00) on shares of Valener in a research note on Friday, August 12th. Finally, TD Securities raised their price objective on shares of Valener from C$21.00 to C$23.00 and gave the company a “hold” rating in a research note on Friday, August 12th. Five research analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and an average target price of C$22.50.
Valener (TSE:VNR) traded up 0.97% during mid-day trading on Friday, hitting $20.87. 45,141 shares of the stock traded hands. The stock has a market cap of $806.27 million and a price-to-earnings ratio of 14.71. The company’s 50 day moving average price is $20.63 and its 200-day moving average price is $21.74. Valener has a 1-year low of $16.81 and a 1-year high of $23.27.
Valener Company Profile