RMP Energy Inc (TSE:RMP) Price Target Increased to C$0.90 by Analysts at National Bank Financial

RMP Energy Inc (TSE:RMP) had its target price increased by National Bank Financial to C$0.90 in a report issued on Monday, July 31st. They currently have an outperform rating on the oil and natural gas company’s stock.

Separately, Scotiabank increased their price objective on RMP Energy from C$0.70 to C$0.75 and gave the stock a sector perform rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of C$1.05.

Shares of RMP Energy (TSE:RMP) opened at 0.45 on Monday. The stock’s 50 day moving average price is $0.59 and its 200 day moving average price is $0.70. RMP Energy has a 12-month low of $0.44 and a 12-month high of $1.09. The company’s market cap is $67.96 million.

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About RMP Energy

RMP Energy Inc engages in the exploration, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin, primarily in the province of Alberta, Canada. It holds natural gas operations at Kaybob and Gilby, as well as develops Montney light oil assets in West Central Alberta.

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