PrairieSky Royalty (OTCMKTS:PREKF) PT Raised to C$27.25

PrairieSky Royalty (OTCMKTS:PREKFGet Free Report) had its price target increased by equities research analysts at Stifel Nicolaus from C$27.00 to C$27.25 in a research report issued to clients and investors on Thursday, FlyOnTheWall reports.

Other research analysts have also recently issued reports about the company. TD Securities lifted their price target on PrairieSky Royalty from C$23.00 to C$24.00 and gave the company a “hold” rating in a research report on Tuesday, July 18th. National Bank Financial lifted their price target on PrairieSky Royalty from C$23.00 to C$26.00 in a research report on Thursday, June 29th. Finally, Royal Bank of Canada lifted their price target on PrairieSky Royalty from C$25.00 to C$26.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 18th.

Read Our Latest Report on PREKF

PrairieSky Royalty Stock Performance

Shares of OTCMKTS:PREKF opened at $18.64 on Thursday. PrairieSky Royalty has a 52-week low of $12.47 and a 52-week high of $21.51. The business has a 50-day moving average price of $19.31 and a 200-day moving average price of $17.61.

About PrairieSky Royalty

(Get Free Report)

PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Alberta, Saskatchewan, British Columbia, and Manitoba of Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.6 million acres of gross overriding royalty interests, and other acreage.

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