Granite Oil (TSE:GXO) had its target price upped by National Bank Financial from C$2.75 to C$3.00 in a research note released on Tuesday morning. National Bank Financial currently has a sector perform rating on the stock.

GXO has been the topic of several other reports. Royal Bank of Canada decreased their price target on shares of Granite Oil from C$6.00 to C$5.00 and set an outperform rating on the stock in a research note on Monday, November 13th. TD Securities decreased their price target on shares of Granite Oil from C$5.50 to C$4.50 in a research note on Monday, November 13th.

Granite Oil (TSE:GXO) opened at C$3.01 on Tuesday. The firm has a market cap of $102.91, a PE ratio of -60.20 and a beta of -0.91. Granite Oil has a 52 week low of C$2.85 and a 52 week high of C$6.28.

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About Granite Oil

Granite Oil Corp. engages in the exploration, development, production, and exploitation of oil and natural gas in the Western Canada Sedimentary Basin in Canada. It owns and operates the Alberta Bakken oil pool in southern Alberta. The company was formerly known as DeeThree Exploration Ltd. and changed its name to Granite Oil Corp.

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