And Another In a research report released Thursday, CIBC World Markets analyst Jamie Kubik made these target adjustments:
- Arc Resources Ltd. ( “outperformer”) to $18 from $16. Average: $18.22.
- Baytex Energy Corp. ( “neutral”) to $5 from $4.25. Average: $4.90.
- Canadian Natural Resources Ltd. ( “outperformer”) to $67 from $62. Average: $65.70.
- Cenovus Energy Inc. ( “outperformer”) to $25 from $24. Average: $20.52.
- Crescent Point Energy Corp. ( “outperformer”) to $10 from $9.75. Average: $9.73.
- Enerplus Corp. ( “outperformer”) to $17 from $16. Average: $15.67.
- Freehold Royalties Ltd. ( “outperformer”) to $17 from $16. Average: $15.93.
- Kelt Exploration Ltd. (“outperformer”) to $7 from $6.50. Average: $6.74.
- Nuvista Energy Ltd. ( “neutral”) to $10 from $7.50. Average: $9.53.
- Peyto Exploration & Development Corp. ( “neutral”) to $13.50 from $13. Average: $13.36.
- Secure Energy Services Inc. ( “outperformer”) to $7.50 from $7. Average: $7.60.
- Tamarack Valley Energy Ltd. ( “outperformer”) to $5.50 from $5. Average: $5.40.
- Vermilion Energy Inc. ( “neutral”) to $19 from $15. Average: $18.72.
- Whitecap Resources Inc. ( “outperformer”) to $11 from $10.50. Average: $11.13.