Phoscan Chemical (TSE:PRQ) had its price objective decreased by National Bank Financial from C$2.25 to C$2.00 in a research note issued to investors on Thursday. National Bank Financial currently has an outperform rating on the stock.
A number of other brokerages also recently weighed in on PRQ. Royal Bank of Canada reduced their price target on shares of Phoscan Chemical from C$3.25 to C$2.75 and set an outperform rating for the company in a report on Monday, December 18th. Raymond James Financial raised shares of Phoscan Chemical from a market perform rating to an outperform rating and set a C$2.00 price target for the company in a report on Friday, March 9th. Finally, CIBC reissued a neutral rating and issued a C$1.50 price target on shares of Phoscan Chemical in a report on Wednesday, March 14th.
TSE:PRQ opened at C$1.15 on Thursday. Phoscan Chemical has a 1 year low of C$1.02 and a 1 year high of C$2.78.
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Phoscan Chemical Company Profile
Petrus Resources Ltd. is an oil and gas company. The Company focuses on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has production and growth opportunities in approximately three areas within the province of Alberta, including Ferrier, Central Alberta and the central Rocky Mountain foothills region.
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