Valener Inc’s Stock Is Buy After Today’s Huge Increase

 Valener Inc's Stock Is Buy After Today's Huge Increase

The stock of Valener Inc (TSE:VNR) is a huge mover today! About 20,978 shares traded hands. Valener Inc (TSE:VNR) has declined 8.06% since April 20, 2016 and is downtrending. It has underperformed by 13.47% the S&P500.
The move comes after 6 months positive chart setup for the $793.60M company. It was reported on Nov, 24 by Barchart.com. We have $21.30 PT which if reached, will make TSE:VNR worth $31.74M more.

Valener Inc (TSE:VNR) Ratings Coverage

Out of 4 analysts covering Valener Inc (TSE:VNR), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. $23 is the highest target while $18 is the lowest. The $21.90 average target is 6.93% above today’s ($20.48) stock price. Valener Inc has been the topic of 8 analyst reports since October 23, 2015 according to StockzIntelligence Inc. As per Friday, October 23, the company rating was initiated by BMO Capital Markets. The stock of Valener Inc (TSE:VNR) has “Sector Perform” rating given on Monday, November 30 by RBC Capital Markets. The company was maintained on Monday, August 15 by Desjardins Securities.

Another recent and important Valener Inc (TSE:VNR) news was published by Finance.Yahoo.com which published an article titled: “Valener and Gaz Metro Report Their Fiscal 2016 Results” on November 24, 2016.

Valener Inc. is a Canada-based energy company. The company has a market cap of $793.60 million. The Firm holds interests in Gaz Metro Limited Partnership . It has a 10.04 P/E ratio. The Company’s divisions include Energy Distribution; Natural Gas Transportation; Energy Production; Energy Services, Storage and Other, and Corporate Affairs.

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