Veren (TSE:VRN – Get Free Report) had its value goal decreased by BMO Capital Markets from C$14.00 to C$11.00 in a report issued on Friday, BayStreet.CA experiences. The brokerage presently has an “outperform” ranking on the inventory. BMO Capital Markets’ value goal would counsel a possible upside of 58.50% from the inventory’s earlier shut.
A number of different brokerages additionally not too long ago commented on VRN. Canaccord Genuity Group dropped their goal value on shares of Veren from C$15.00 to C$14.00 in a report on Tuesday, October twenty second. Raymond James upgraded Veren to a “strong-buy” ranking in a analysis notice on Thursday, October seventeenth. Six equities analysis analysts have rated the inventory with a purchase ranking and one has assigned a robust purchase ranking to the corporate’s inventory. In keeping with MarketBeat, the corporate presently has a median ranking of “Purchase” and a consensus goal value of C$11.89.
Veren Inventory Efficiency
Shares of VRN inventory opened at C$6.94 on Friday. Veren has a 12 month low of C$6.84 and a 12 month excessive of C$12.67.
About Veren
Veren Inc explores, develops, and produces oil and gasoline properties in Canada and america. The corporate focuses on crude oil, tight oil, pure gasoline liquids, shale gasoline, and pure gasoline reserves. Its properties are situated within the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.
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