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BMO Capital Keeps Their Hold Rating on Pipestone Energy Corp (SCR)

Wall Street analyst has provided a rating update yesterday, while remaining neutral on the stock. The NA company, Pipestone Energy Corp (TSX: SCR) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Ollenberger is a 5-star analyst with an average return of 11.1% and a 54.3% success rate. Ollenberger covers the NA sector, focusing on stocks such as Crescent Point Energy, Whitecap Resources, and Birchcliff Energy.

Currently, the analyst consensus on Pipestone Energy Corp is a Moderate Buy with an average price target of C$35.40.

Pipestone Energy Corp is an oil and gas exploration and production company. The company is focused on developing rich assets in the Pipestone area of Alberta.

The company’s shares closed last Monday at C$23.24, close to its 52-week low of C$22.34.

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