Kiwetinohk Energy (TSE:KEC) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Kiwetinohk Energy (TSE:KEC) had its price target boosted by analysts at BMO Capital Markets from C$20.00 to C$21.00 in a research note issued to investors on Friday,BayStreet.CA reports. BMO Capital Markets’ target price points to a potential upside of 32.49% from the stock’s current price.

Kiwetinohk Energy Trading Down 0.3 %

Shares of TSE:KEC opened at C$15.85 on Friday. The firm has a market capitalization of C$692.17 million, a price-to-earnings ratio of 33.72 and a beta of 0.29. The business’s 50 day moving average price is C$15.25 and its 200-day moving average price is C$14.13. The company has a debt-to-equity ratio of 31.07, a current ratio of 0.68 and a quick ratio of 0.48. Kiwetinohk Energy has a 1 year low of C$10.61 and a 1 year high of C$16.31.

Kiwetinohk Energy (TSE:KEC) last announced its earnings results on Wednesday, November 6th. The company reported C$0.73 EPS for the quarter, beating analysts’ consensus estimates of C$0.42 by C$0.31. The business had revenue of C$116.71 million during the quarter, compared to analysts’ expectations of C$117.00 million. Kiwetinohk Energy had a return on equity of 3.03% and a net margin of 4.53%. On average, equities research analysts forecast that Kiwetinohk Energy will post 2.352 earnings per share for the current fiscal year.

About Kiwetinohk Energy

Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.