Analyst Price Target is C$8.23
▲ +46.50% 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 C$8.23, with a high forecast of C$9.00 and a low forecast of C$6.70. The average price target represents a 46.50% upside from the last price of C$5.62.
Current Consensus is
The current consensus among 3 polled investment analysts is to hold stock in Canacol Energy. This Hold consensus rating has held steady for over two years.
Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada. Canacol Energy Ltd operates as a subsidiary of CDS Clearing and Depository Services Inc.