Stone Energy (SGY) Stock Rating Reaffirmed by Royal Bank of Canada

Royal Bank of Canada reiterated their neutral rating on shares of Stone Energy (NYSE:SGY) in a research report sent to investors on Monday. Royal Bank of Canada currently has a $2.50 price target on the oil and natural gas company’s stock.

Separately, CIBC reissued a hold rating and set a $2.50 target price on shares of Stone Energy in a research note on Thursday, November 22nd.

Stone Energy has a 12 month low of $16.76 and a 12 month high of $40.16.

Stone Energy Company Profile

Stone Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico. As of December 31, 2017, it had an estimated proved oil and natural gas reserves of approximately 32.5 million barrels of oil equivalent.

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