CSFB Trims Painted Pony Energy Ltd (PONY) Target Price to C$2.25

Painted Pony Energy Ltd (TSE:PONY) had its price target trimmed by CSFB from C$4.50 to C$2.25 in a report issued on Monday morning.

PONY has been the topic of several other research reports. Canaccord Genuity lifted their price objective on shares of Painted Pony Energy to C$7.00 in a research note on Thursday, August 31st. National Bank Financial lowered their price objective on shares of Painted Pony Energy from C$5.75 to C$5.25 and set a sector perform rating on the stock in a research note on Thursday, August 10th. BMO Capital Markets lowered their price objective on shares of Painted Pony Energy from C$6.00 to C$4.50 and set a market perform rating on the stock in a research note on Thursday, August 31st. Royal Bank Of Canada cut shares of Painted Pony Energy from an outperform rating to a sector perform rating and lowered their price objective for the stock from C$8.00 to C$6.00 in a research note on Thursday, July 20th. Finally, Raymond James Financial, Inc. cut shares of Painted Pony Energy from an outperform rating to a market perform rating and lowered their price objective for the stock from C$7.00 to C$6.00 in a research note on Thursday, August 31st. Five investment analysts have rated the stock with a hold rating, The company currently has a consensus rating of Hold and a consensus price target of C$4.96.

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About Painted Pony Energy

Painted Pony Energy Ltd. engages in the exploration, development, and production of petroleum and natural gas resources in the Western Canadian Sedimentary Basin. The company focuses primarily on the development and production of natural gas and natural gas liquids from the Montney formation in northeast British Columbia.

Analyst Recommendations for Painted Pony Energy (TSE:PONY)

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