Peyto Exploration & Development Corp. (OTCMKTS:PEYUF – Get Free Report) has been assigned an average rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company.
A number of equities analysts have commented on PEYUF shares. Scotiabank restated an “outperform” rating on shares of Peyto Exploration & Development in a research note on Wednesday, January 21st. Canadian Imperial Bank of Commerce upgraded Peyto Exploration & Development from a “neutral” rating to an “outperform” rating in a research note on Thursday, January 15th. TD Cowen downgraded Peyto Exploration & Development from a “buy” rating to a “hold” rating in a research note on Friday, February 20th. Royal Bank Of Canada restated a “sector perform” rating on shares of Peyto Exploration & Development in a research note on Friday, February 20th. Finally, TD Securities downgraded Peyto Exploration & Development from a “buy” rating to a “hold” rating in a research note on Friday, February 20th.
Check Out Our Latest Research Report on Peyto Exploration & Development
Peyto Exploration & Development Stock Performance
Peyto Exploration & Development Company Profile
Peyto Exploration & Development Corp. is a Calgary-based Canadian energy company engaged in the exploration, development and production of natural gas and natural gas liquids. The company focuses on exploiting liquids-rich natural gas opportunities in the Deep Basin and Brazeau areas of west central Alberta. Peyto’s integrated business model encompasses land acquisition, well planning, drilling, completion and production operations, supported by in-house technical, engineering and operations teams.
Since its incorporation in 1998, Peyto has concentrated its activities entirely within Alberta’s prolific Montney, Falher and Notikewin formations.
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