Seymour Schulich Acquires 1,000,000 Shares of Pengrowth Energy Corp (PGF) Stock

Pengrowth Energy Corp (TSE:PGF) (NYSE:PGH) insider Seymour Schulich bought 1,000,000 shares of the business’s stock in a transaction dated Wednesday, February 8th. The shares were bought at an average cost of C$1.69 per share, for a total transaction of C$1,690,000.00.

Seymour Schulich also recently made the following trade(s):

  • On Tuesday, February 7th, Seymour Schulich bought 1,000,000 shares of Pengrowth Energy Corp stock. The shares were bought at an average cost of C$1.65 per share, for a total transaction of C$1,650,000.00.

Pengrowth Energy Corp (TSE:PGF) opened at 1.69 on Monday. The company’s market cap is $925.62 million. The stock has a 50 day moving average of $1.79 and a 200 day moving average of $1.97. Pengrowth Energy Corp has a 52 week low of $0.93 and a 52 week high of $2.70.

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A number of equities research analysts have recently weighed in on PGF shares. TD Securities lifted their target price on shares of Pengrowth Energy Corp from C$1.20 to C$1.60 and gave the company a “reduce” rating in a research note on Tuesday, January 10th. Desjardins lifted their target price on shares of Pengrowth Energy Corp from C$2.25 to C$2.50 in a research note on Wednesday, December 21st. Royal Bank Of Canada reaffirmed an “underperform” rating and set a C$1.50 target price on shares of Pengrowth Energy Corp in a research note on Friday, December 9th. Scotiabank dropped their price objective on shares of Pengrowth Energy Corp from C$2.25 to C$2.00 and set a “sector perform” rating on the stock in a research note on Thursday, January 19th. Finally, Raymond James Financial, Inc. reissued a “market perform” rating and set a C$2.00 price objective on shares of Pengrowth Energy Corp in a research note on Thursday, January 19th. Four research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Pengrowth Energy Corp presently has an average rating of “Hold” and a consensus target price of C$1.96.

Pengrowth Energy Corp Company Profile

Pengrowth Energy Corporation is a resource company, which is engaged in the production, development, exploration and acquisition of oil and natural gas assets. The Company owns and operates Lindbergh thermal project, which is located in the Cold Lake area of Alberta and encompasses over 42.5 sections of land.

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