Average Price Target: $1.35
▲ +47.69% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Journey Energy in the last 3 months. The average price target is $1.35, with a high forecast of $1.35 and a low forecast of $1.35. The average price target represents a 47.69% upside from the last price of $0.91.
The current consensus among 1 investment analysts is to buy stock in Journey Energy. This rating has held steady since November 2019, when it changed from a Hold consensus rating.
Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. Its cash generating units comprise power generation, Pine Creek, Pembina, Matziwin, Herronton, Skiff, Gilby, Crystal, Cherhill, and Countess. As of December 31, 2020, it had total proved plus probable reserves of 50,004 thousand barrels of oil equivalent. The company was formerly known as Sword Energy Inc. and changed its name to Journey Energy Inc. in July 2012. Journey Energy Inc. was founded in 2007 and is headquartered in Calgary, Canada.