Royal Bank of Canada Trims Cona Resources (CONA) Target Price to C$2.55

Cona Resources (TSE:CONA) had its price target trimmed by Royal Bank of Canada from C$3.00 to C$2.55 in a report issued on Thursday. The firm currently has a sector perform rating on the stock.

CONA has been the topic of several other research reports. TD Securities upped their price target on Cona Resources from C$2.25 to C$2.75 and gave the stock a hold rating in a report on Wednesday, November 15th. BMO Capital Markets restated an underperform rating and set a C$2.50 price target on shares of Cona Resources in a report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Cona Resources currently has an average rating of Hold and an average price target of C$2.84.

Shares of Cona Resources (TSE:CONA) opened at C$2.45 on Thursday. Cona Resources has a 1-year low of C$1.78 and a 1-year high of C$3.68. The firm has a market capitalization of $247.46, a PE ratio of -3.02 and a beta of 1.52.

COPYRIGHT VIOLATION NOTICE: “Royal Bank of Canada Trims Cona Resources (CONA) Target Price to C$2.55” was first posted by Markets Daily and is the property of of Markets Daily. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at

Cona Resources Company Profile

Cona Resources Ltd. acquires, explores for, develops, and produces petroleum and natural gas reserves in western Canada. Its focused and concentrated asset base comprise approximately 160,000 net acres located along the Alberta and Saskatchewan border. The company was formerly known as Northern Blizzard Resources Inc and changed its name to Cona Resources Ltd.

Receive News & Ratings for Cona Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cona Resources and related companies with's FREE daily email newsletter.

Leave a Reply