15:23:33 EST Thu 26 Dec 2024
Enter Symbol
or Name
USA
CA



PrairieSky Royalty Ltd
Symbol PSK
Shares Issued 238,951,940
Close 2024-10-29 C$ 28.11
Market Cap C$ 6,716,939,033
Recent Sedar Documents

Globe says TD's Bilkoski keep his "hold" on PrairieSky

2024-10-30 08:57 ET - In the News

The Globe and Mail reports in its Wednesday, Oct. 30, edition that TD Cowen analyst Aaron Bilkoski is keeping his "hold" call on PrairieSky Royalty intact. The Globe's David Leeder writes that Mr. Bilkoski jacked his share target up by a loonie to $26. Analysts on average target the shares at $30.94. Mr. Bilkoski says in a note: "Q3 results were as we had expected. Although valuation is higher than peers, we find it difficult to fault asset quality, strategy or performance. We have increased our target price to account for expected W.G. Duvernay drilling in our NAV. The renewed focus on the Duvernay highlights the value of PrairieSky's diversified portfolio and demonstrates the rekindled opportunities on perpetually held lands." 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. The Globe reported on July 18 that RBC Capital analyst Michael Harvey had reiterated his "sector perform" recommendation for PrairieSky, which was then trading at $28.08. The Globe reported Sept. 27 that National Bank Financial analysts Travis Wood and Dan Payne rated PrairieSky "sector perform." The shares could then be had for $27.44.

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