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OTCMKTS:CNNEF - Canacol Energy Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $5.50
  • Forecasted Upside: 98.56 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$2.77 As of 04/21/2021 01:00 AM ET
▼ -0.02 (-0.72%)
1 month | 3 months | 12 months
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Analyst Price Target for CNNEF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$5.50
▲ +98.56% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Canacol Energy in the last 3 months. The average price target is $5.50, with a high forecast of $6.00 and a low forecast of $5.00. The average price target represents a 98.56% upside from the last price of $2.77.
Buy
The current consensus among 3 polled investment analysts is to buy stock in Canacol Energy.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/28/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/26/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/24/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/22/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/23/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/22/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
9/24/2020JPMorgan Chase & Co.Initiated CoverageOverweight
i
5/15/2020ScotiabankLower Price TargetOutperform$6.50 ➝ $6.00
i
5/14/2020BMO Capital MarketsLower Price TargetIn-Line ➝ Outperform$5.50 ➝ $5.00
i
3/2/2020BMO Capital MarketsInitiated CoverageOutperform
i
8/30/2019Canaccord GenuitySet Price TargetBuy$6.00
i
Rating by Jenny Xenos at Canaccord Genuity
8/26/2019MackieReiterated RatingBuy
i
Rating by Bill Newman at Mackie
9/6/2016Royal Bank of CanadaInitiated CoverageSector Perform
i
(Data available from 4/22/2016 forward)
Canacol Energy logo
Canacol Energy Ltd. primarily explores for, develops, and produces petroleum and natural gas in Colombia. As of December 31, 2020, it has a total proved plus probable reserves of 637 billion cubic feet (Bcf) conventional natural gas; and had a total proved reserves of 395 Bcf conventional natural gas. The company is headquartered in Calgary, Canada.
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Today's Range

Now: $2.77
$2.77
$2.77

50 Day Range

MA: $2.86
$2.71
$2.97

52 Week Range

Now: $2.77
$2.22
$3.25

Volume

200 shs

Average Volume

17,194 shs

Market Capitalization

$497.26 million

P/E Ratio

N/A

Dividend Yield

5.73%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Canacol Energy?

The following equities research analysts have issued stock ratings on Canacol Energy in the last twelve months: BMO Capital Markets, JPMorgan Chase & Co., and Scotiabank.
View the latest analyst ratings for CNNEF.

What is the current price target for Canacol Energy?

2 Wall Street analysts have set twelve-month price targets for Canacol Energy in the last year. Their average twelve-month price target is $5.50, suggesting a possible upside of 98.6%. Scotiabank has the highest price target set, predicting CNNEF will reach $6.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $5.00 for Canacol Energy in the next year.
View the latest price targets for CNNEF.

What is the current consensus analyst rating for Canacol Energy?

Canacol Energy currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CNNEF will outperform the market and that investors should add to their positions of Canacol Energy.
View the latest ratings for CNNEF.

What other companies compete with Canacol Energy?

Other companies that are similar to Canacol Energy include Energean, Oasis Petroleum, Raging River Exploration, Whiting Petroleum, Freehold Royalties, Peyto Exploration & Development, Vine Energy, Diversified Gas & Oil, Headwater Exploration, Kosmos Energy, Baytex Energy, TORC Oil & Gas Ltd. (TOG.TO), Tamarack Valley Energy, Tullow Oil and Canacol Energy.

How do I contact Canacol Energy's investor relations team?

The company's listed phone number is 403-561-1648. The official website for Canacol Energy is www.canacolenergy.com.