Valener Inc (TSE:VNR) had its price target decreased by analysts at TD Securities from C$23.00 to C$22.00 in a research note issued on Friday, StockTargetPrices.com reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price points to a potential upside of 4.76% from the company’s current price.
VNR has been the topic of a number of other reports. BMO Capital Markets raised their target price on shares of Valener from C$21.00 to C$22.00 and gave the stock a “market perform” rating in a research report on Friday. Desjardins restated a “hold” rating and set a C$22.50 target price (up from C$22.00) on shares of Valener in a research report on Friday, August 12th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a C$24.00 target price on shares of Valener in a research report on Friday. Six research analysts have rated the stock with a hold rating, Valener currently has an average rating of “Hold” and an average price target of C$19.08.
Valener (TSE:VNR) opened at 21.10 on Friday. Valener has a 52-week low of $17.26 and a 52-week high of $23.27. The firm’s 50-day moving average is $20.62 and its 200-day moving average is $21.72. The firm has a market capitalization of $815.16 million and a PE ratio of 14.87.
Valener Company Profile