Equities research analysts at Credit Suisse (NYSE: CS) downgraded shares of Penn Virginia (NYSE: PVR) to a "neutral" rating in a research note to investors on Wednesday. The analysts currently have a $15.00 price target on the stock.
Separately, analysts at Zacks Investment Research upgraded shares of Penn Virginia from an "underperform" rating to a "neutral" rating in a research note to investors on Monday, March 7th. They now have a $30.00 price target on the stock. Also, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Penn Virginia from $26.00 to $30.00 in a research note to investors on Wednesday, February 16th. They now have an "equal weight" rating on the stock.
Shares of Penn Virginia traded up 2.06% during mid-day trading on Thursday, hitting $26.955. Penn Virginia has a 52 week low of $20.26 and a 52 week high of $29.11. The stock's 50-day moving average is $25.46 and its 200-day moving average is $27.1. The company has a market cap of $1.913 billion and a price-to-earnings ratio of 29.48.
Penn Virginia Resource Partners, L.P. is engaged in the management of coal and natural resource properties and the gathering and processing of natural gas in the United States. The Company conducts operations in two business segments: coal and natural resource management, and natural gas midstream. During the year ended December 31, 2008, approximately 84% of its operating income was attributable to its coal and natural resource management segment, and approximately 16% of its operating income was attributable to its natural gas midstream segment.
Separately, analysts at Zacks Investment Research upgraded shares of Penn Virginia from an "underperform" rating to a "neutral" rating in a research note to investors on Monday, March 7th. They now have a $30.00 price target on the stock. Also, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Penn Virginia from $26.00 to $30.00 in a research note to investors on Wednesday, February 16th. They now have an "equal weight" rating on the stock.
Shares of Penn Virginia traded up 2.06% during mid-day trading on Thursday, hitting $26.955. Penn Virginia has a 52 week low of $20.26 and a 52 week high of $29.11. The stock's 50-day moving average is $25.46 and its 200-day moving average is $27.1. The company has a market cap of $1.913 billion and a price-to-earnings ratio of 29.48.
Penn Virginia Resource Partners, L.P. is engaged in the management of coal and natural resource properties and the gathering and processing of natural gas in the United States. The Company conducts operations in two business segments: coal and natural resource management, and natural gas midstream. During the year ended December 31, 2008, approximately 84% of its operating income was attributable to its coal and natural resource management segment, and approximately 16% of its operating income was attributable to its natural gas midstream segment.
No comments:
Post a Comment