PrairieSky Royalty (OTCMKTS:PREKF) Earns Market Perform Rating from Analysts at Raymond James

Raymond James started coverage on shares of PrairieSky Royalty (OTCMKTS:PREKF) in a research note published on Friday morning, Benzinga reports. The brokerage issued a market perform rating and a $33.00 price target on the stock.

PrairieSky Royalty Trading Up 0.3 %

Shares of PREKF opened at $20.30 on Friday. PrairieSky Royalty has a 52 week low of $15.25 and a 52 week high of $21.78. The firm’s 50-day simple moving average is $20.21 and its 200 day simple moving average is $19.79.

About PrairieSky Royalty

PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.5 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.