Trade Report: Today: Brokerages give average Rating of “Hold” to Valener Inc (VNR)

Today: Brokerages give average Rating of “Hold” to Valener Inc (VNR)

Shares of Valener Inc (TSE:VNR) have received a consensus rating of “Hold” from the six ratings firms that are presently covering the stock. Five equities research analysts have rated the stock with a hold recommendation. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$19.08.

A number of research firms have commented on VNR. Desjardins reissued a “hold” rating and set a C$22.50 target price (up previously from C$22.00) on shares of Valener in a research report on Friday, August 12th. TD Securities raised their target price on shares of Valener from C$21.00 to C$23.00 and gave the company a “hold” rating in a research report on Friday, August 12th. BMO Capital Markets cut their target price on shares of Valener from C$23.00 to C$22.00 and set a “market perform” rating on the stock in a research report on Friday, August 12th. $23.00 cut their target price on shares of Valener from C$200.00 to C$2.00 and set a “hold” rating on the stock in a research report on Monday. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a C$24.00 target price on shares of Valener in a research report on Friday.

Shares of Valener (TSE:VNR) traded up 0.48% on Monday, reaching $21.10. 29,071 shares of the company were exchanged. The firm’s 50 day moving average price is $20.62 and its 200 day moving average price is $21.73. The stock has a market capitalization of $815.16 million and a price-to-earnings ratio of 14.87. Valener has a 52 week low of $16.81 and a 52 week high of $23.27.

Related posts

Leave a Comment