14:53:30 EST Thu 26 Dec 2024
Enter Symbol
or Name
USA
CA



PrairieSky Royalty Ltd
Symbol PSK
Shares Issued 238,952,008
Close 2024-07-17 C$ 28.08
Market Cap C$ 6,709,772,385
Recent Sedar Documents

Globe says RBC maintains PrairieSky at "sector perform"

2024-07-17 07:46 ET - In the News

The Globe and Mail reports in its Thursday, July 18, edition that RBC Capital analyst Michael Harvey has reiterated his "sector perform" recommendation for PrairieSky Royalty. The Globe's David Leeder writes in the Eye On Equities column that Mr. Harvey gave his share target a $4 boost to $31. Analysts on average target the shares at $29.52. Mr. Harvey says in a note: "PrairieSky Royalty's solid quarter highlighted the company's dominant position within multi-lat oil fairways, a theme we see continuing for the foreseeable future and supported by our go-forward view of robust crude pricing. Our 'sector perform' rating reflects our view that PrairieSky is a premium company with also a premium valuation." The Globe reported on March 21 that ATB Capital analyst Patrick O'Rourke rated PrairieSky "sector perform." The shares could then be had for $25.76. The Globe reported on April 23 that CIBC World Markets analyst Jamie Kubik had lowered his recommendation for PrairieSky to "neutral" from "outperformer." The shares could then be had for $27.45. The Globe reported on April 24 that Stifel analyst Michael Dunn continued to rate PrairieSky "buy." The shares could then be had for $27.04.

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