$2 Bankers Petroleum BNK.to BANKERS PETROLEUM BNK $2 Bankers Petroleum Ltd. -
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Bankers Petroleum Ltd. (BNK) Given New C$2.00 Price Target at Canaccord Genuity
February 29th, 2016 - By Jennifer Langley - 0 comments
Bankers Petroleum Ltd. (TSE:BNK) had its price objective lowered by investment analysts at Canaccord Genuity from C$2.50 to C$2.00 in a research note issued on Monday,StockTargetPrices.com reports. Canaccord Genuity’s price target indicates a potential upside of 129.89% from the company’s current price.
Shares of Bankers Petroleum (TSE:BNK) opened at 0.91 on Monday. The firm has a market capitalization of $237.51 million and a PE ratio of 4.25. Bankers Petroleum has a 52 week low of $0.60 and a 52 week high of $3.83. The stock has a 50 day moving average of $0.81 and a 200-day moving average of $1.57.
BNK has been the subject of a number of other reports. FirstEnergy Capital lowered their price target on Bankers Petroleum from C$4.00 to C$3.25 in a research note on Friday, January 8th. TD Securities cut Bankers Petroleum from a “buy” rating to a “speculative buy” rating and lowered their price target for the company from C$4.75 to C$3.25 in a research note on Monday, December 7th. CSFB cut Bankers Petroleum from an “outperform” rating to a “neutral” rating and lowered their price target for the company from C$3.00 to C$1.00 in a research note on Thursday, January 28th. RBC Capital lowered their price target on Bankers Petroleum from C$2.70 to C$2.40 and set a “sector perform” rating for the company in a research note on Friday, December 11th. Finally, Macquarie lowered their price target on Bankers Petroleum from C$8.00 to C$7.00 and set an “outperform” rating for the company in a research note on Thursday, November 26th. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Bankers Petroleum currently has an average rating of “Buy” and a consensus target price of C$3.60.
Bankers Petroleum Ltd. (TSE:BNK) is a Canada-based oil exploration and production company with a focus on petroleum assets in Albania. The Company generates all of its oil revenue from its operations in Albania, which is located northwest of Greece in South Eastern Europe.
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