Lowers Chinook Energy Inc. (CKE) Price Target to C$0.50

Chinook Energy Inc. (TSE:CKE) had its price objective cut by equities researchers at from C$0.55 to C$0.50 in a research note issued to investors on Monday. ‘s price target would suggest a potential upside of 66.67% from the company’s previous close.

Several other equities analysts have also issued reports on the company. Raymond James Financial, Inc. dropped their price objective on Chinook Energy from C$0.30 to C$0.25 and set a “market perform” rating on the stock in a report on Monday. dropped their price objective on Chinook Energy from C$0.55 to C$0.50 in a report on Monday.

Chinook Energy (TSE CKE) opened at C$0.30 on Monday. Chinook Energy has a twelve month low of C$0.27 and a twelve month high of C$0.54.

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Chinook Energy Company Profile

Chinook Energy Inc, an oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas in Canada. Its principal oil and natural gas properties comprise 51,964 net acres of land located in Birley/Umbach area, Northeast British Columbia; 75,018 net acres of land located in Martin Creek/Black-Conroy area, Northeast British Columbia; 27,291 net acres of land located in Gold Creek and Knopcik areas, Northwest Alberta; and 24,570 net acres of land located in Boundary Lake area, Northeast British Columbia.

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