TD Securities Upgrades Coelacanth Energy (CVE:CEI) to Hold

Coelacanth Energy (CVE:CEI – Get Free Report) was upgraded by TD Securities to a “hold” rating in a research note issued to investors on Wednesday, Zacks reports.

Separately, TD set a C$0.80 price objective on shares of Coelacanth Energy and gave the stock a “hold” rating in a report on Tuesday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of C$0.80.

Get Coelacanth Energy alerts:

Check Out Our Latest Research Report on Coelacanth Energy

Coelacanth Energy Stock Down 0.7%

CVE:CEI opened at C$0.71 on Wednesday. Coelacanth Energy has a fifty-two week low of C$0.68 and a fifty-two week high of C$0.96. The stock has a market cap of C$450.03 million, a PE ratio of -43.00 and a beta of 0.10. The firm’s fifty day simple moving average is C$0.77 and its 200-day simple moving average is C$0.82.

About Coelacanth Energy

(Get Free Report)

Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia. Coelacanth Energy Inc was incorporated in 2022 and is headquartered in Calgary, Canada.

Further Reading

• Five stocks we like better than Coelacanth Energy
• Sezzle’s BNPL Growth Is Working, But the Stock Comes With a Catch
• Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
• Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer

Receive News & Ratings for Coelacanth Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coelacanth Energy and related companies with MarketBeat.com's FREE daily email newsletter.