Were Analysts Bullish Granite Oil Corp (TSE:GXO) This Week?

November 15, 2017 - By Maria Brooks

 Were Analysts Bullish Granite Oil Corp (TSE:GXO) This Week?

Granite Oil Corp (TSE:GXO) Ratings Coverage

Among 5 analysts covering Granite Oil (TSE:GXO), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Granite Oil had 22 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, March 23, the company rating was maintained by Raymond James. The stock has “Strong Buy” rating by Raymond James on Wednesday, January 25. Below is a list of Granite Oil Corp (TSE:GXO) latest ratings and price target changes.

17/08/2017 Broker: National Bank Canada Old Rating: Outperform New Rating: Sector Perform Old Target: $6.00 New Target: $4.50 Target Down
17/08/2017 Broker: Raymond James Old Rating: Strong Buy New Rating: Outperform Old Target: $8.75 New Target: $8.50 Target Down

It closed at $2.98 lastly. It is down 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Granite Oil Corp., formerly DeeThree Exploration Ltd., is a Canada oil producer based in Calgary, Alberta with lands and activities located in southern Alberta. The company has market cap of $101.89 million. The Firm is engaged in the exploration for and exploitation, development and production of oil and natural gas. It currently has negative earnings. The Company’s Alberta Bakken Properties are located in southern Alberta, approximately 70 kilometers south of Lethbridge.

More notable recent Granite Oil Corp (TSE:GXO) news were published by: Seekingalpha.com which released: “8% Granite Oil: Management Still Guiding Towards Slow Growth” on May 11, 2017, also Seekingalpha.com with their article: “Will Granite Oil Have To Cut The Dividend?” published on August 11, 2017, Seekingalpha.com published: “Granite Oil Has 1 Big Hurdle Left” on January 27, 2017. More interesting news about Granite Oil Corp (TSE:GXO) were released by: Seekingalpha.com and their article: “What’s Up With Granite Oil” published on October 10, 2017 as well as Globenewswire.com‘s news article titled: “Granite Oil Corp. Announces Monthly Dividend for November, 2017” with publication date: November 15, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.