RBC Capital raised the firm’s price target on Cardinal Energy (CRLFF) to C$11 from C$9.50 and keeps an Outperform rating on the shares.
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Read More on CRLFF:
- Cardinal Energy: Solid Execution and Growth Pipeline Offset by Premium Valuation, Justifying Hold Rating
- Cardinal Energy Lifts Output on Reford SAGD as Lower Prices Squeeze Cash Flow
- Cardinal Energy Declares March Cash Dividend
- Cardinal Energy Lifts Proved Reserves on Thermal Growth, Eyes Further Upside
- Cardinal Energy Declares February Cash Dividend
