Pengrowth Energy Corp (TSE:PGF) Set to Announce Quarterly Earnings on Monday

Pengrowth Energy Corp (TSE:PGF) (NYSE:PGH) is scheduled to announce its earnings results after the market closes on Monday, August 14th.

Pengrowth Energy Corp (TSE:PGF) opened at 0.80 on Friday. The firm’s 50 day moving average is $0.95 and its 200-day moving average is $1.29. Pengrowth Energy Corp has a 52 week low of $0.74 and a 52 week high of $2.32. The company’s market cap is $441.80 million.

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PGF has been the subject of several research reports. TD Securities upped their price target on shares of Pengrowth Energy Corp from C$1.20 to C$1.55 and gave the stock a “hold” rating in a research report on Thursday, April 27th. Scotiabank reaffirmed an “underperform” rating and issued a C$1.50 price target on shares of Pengrowth Energy Corp in a research report on Wednesday, May 3rd. Royal Bank Of Canada lowered their price target on shares of Pengrowth Energy Corp from C$1.75 to C$1.50 and set a “sector perform” rating for the company in a research report on Wednesday, July 12th. Canaccord Genuity cut shares of Pengrowth Energy Corp from a “speculative buy” rating to a “hold” rating and lowered their price target for the stock from C$1.75 to C$1.15 in a research report on Tuesday, July 11th. Finally, Barclays PLC lowered their price target on shares of Pengrowth Energy Corp from C$1.00 to C$0.50 in a research report on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. Pengrowth Energy Corp currently has an average rating of “Hold” and a consensus target price of C$1.49.

About Pengrowth Energy Corp

Pengrowth Energy Corporation is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia. The Lindbergh thermal property is located approximately 420 kilometers north east of Calgary, Alberta and 50 kilometers south of Bonnyville, Alberta.

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