PrairieSky Royalty Ltd Can’t Burn Your Long Portfolio. Has Another Strong Session

 PrairieSky Royalty Ltd Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of PrairieSky Royalty Ltd (TSE:PSK) is a huge mover today! About 87,104 shares traded hands. PrairieSky Royalty Ltd (TSE:PSK) has risen 16.32% since March 11, 2016 and is uptrending. It has outperformed by 10.83% the S&P500.
The move comes after 9 months positive chart setup for the $6.69 billion company. It was reported on Oct, 18 by We have $35.71 PT which if reached, will make TSE:PSK worth $1.47 billion more.

PrairieSky Royalty Ltd (TSE:PSK) Ratings Coverage

Out of 6 analysts covering Prairiesky Royalty (TSE:PSK), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. $36 is the highest target while $21 is the lowest. The $28.50 average target is -2.63% below today’s ($29.27) stock price. Prairiesky Royalty has been the topic of 21 analyst reports since July 28, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, November 25 report. The company was downgraded on Friday, February 12 by BMO Capital Markets. On Tuesday, January 12 the stock rating was downgraded by Dundee Securities to “Neutral”. The firm has “” rating by Raymond James given on Monday, June 6.

More notable recent PrairieSky Royalty Ltd (TSE:PSK) news were published by: which released: “PrairieSky Royalty Ltd’s land base seeing lots of activity” on September 12, 2016, also with their article: “Canadian Natural Resources Limited Completes the Distribution of PrairieSky …” published on June 07, 2016, published: “Canadian Natural Resources Ltd sells most of its royalty lands to PrairieSky …” on November 09, 2015. More interesting news about PrairieSky Royalty Ltd (TSE:PSK) were released by: and their article: “The Globe and Mail” published on June 01, 2014 as well as‘s news article titled: “PrairieSky Royalty Ltd earnings sink on low oil and gas prices” with publication date: April 27, 2015.

PrairieSky Royalty Ltd. is a Canada company, which holds a portfolio of fee simple mineral title, and gas and oil royalty interests in Canada. The company has a market cap of $6.69 billion. The Company’s properties are located in British Columbia, Alberta, Saskatchewan and Manitoba. It has a 243.03 P/E ratio. The Company’s assets include the Fee Lands, encompassing approximately 8.8 million acres; the GORR Interests, encompassing approximately 6.6 million acres of the GORR Lands; the GRT Interests, encompassing approximately 0.2 million acres of the GRT Lands; approximately 0.2 million acres of Crown Interest Lands primarily in Alberta, and the Seismic License to certain seismic data of Encana Corporation, encompassing approximately 40,010 kilometers of two dimensional seismic and over 10,760 square kilometers of three dimensional seismic.

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