Today: Petrus Resources Ltd (PRQ) Price Target Cut to C$2.50

Today: Petrus Resources Ltd (PRQ) Price Target Cut to C$2.50

Petrus Resources Ltd (TSE:PRQ) had its price objective decreased by equities research analysts at Royal Bank Of Canada from C$2.75 to C$2.50 in a note issued to investors on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada’s target price points to a potential upside of 25.00% from the stock’s previous close.

Separately, RBC Capital Markets decreased their price objective on Petrus Resources from C$2.75 to C$2.50 in a report on Thursday. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of C$3.06.

Shares of Petrus Resources (TSE:PRQ) opened at 2.00 on Thursday. The stock has a 50 day moving average price of $1.99 and a 200-day moving average price of $2.06. The stock’s market cap is $90.70 million. Petrus Resources has a 12 month low of $1.73 and a 12 month high of $4.99.

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