Chinook Energy Inc. (CKE) Price Target Cut to C$0.50

Chinook Energy Inc. (TSE:CKE) had its price target reduced by equities researchers at from C$0.55 to C$0.50 in a research note issued on Monday. ‘s price objective indicates a potential upside of 66.67% from the company’s current price.

CKE has been the topic of a number of other reports. Raymond James Financial, Inc. upgraded Chinook Energy from an “underperform” rating to a “market perform” rating and upped their price objective for the company from C$0.25 to C$0.30 in a report on Thursday, September 21st. decreased their price objective on Chinook Energy from C$0.55 to C$0.50 in a report on Monday. Finally, decreased their price objective on Chinook Energy from C$0.55 to C$0.50 in a report on Monday.

Chinook Energy (CKE) opened at C$0.30 on Monday. Chinook Energy has a twelve month low of C$0.27 and a twelve month high of C$0.54.

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About Chinook Energy

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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