Lowers Chinook Energy Inc. (CKE) Price Target to C$0.50
Chinook Energy Inc. (TSE:CKE) had its target price reduced by research analysts at from C$0.55 to C$0.50 in a note issued to investors on Monday. ‘s target price points to a potential upside of 66.67% from the company’s current price.
Separately, Raymond James Financial, Inc. lowered their price objective on Chinook Energy from C$0.30 to C$0.25 and set an “underperform” rating for the company in a research note on Thursday, August 17th.
Shares of Chinook Energy (TSE CKE) opened at C$0.30 on Monday. Chinook Energy has a one year low of C$0.27 and a one year high of C$0.54.
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Chinook Energy Company Profile
Chinook Energy Inc, an oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas in Canada. Its principal oil and natural gas properties comprise 51,964 net acres of land located in Birley/Umbach area, Northeast British Columbia; 75,018 net acres of land located in Martin Creek/Black-Conroy area, Northeast British Columbia; 27,291 net acres of land located in Gold Creek and Knopcik areas, Northwest Alberta; and 24,570 net acres of land located in Boundary Lake area, Northeast British Columbia.
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