Veren (TSE:VRN) Price Target Cut to C$14.00

Veren (TSE:VRNGet Free Report) had its price target cut by equities researchers at Canaccord Genuity Group from C$15.00 to C$14.00 in a research note issued to investors on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s target price suggests a potential upside of 67.87% from the stock’s current price.

Separately, Raymond James raised Veren to a “strong-buy” rating in a report on Thursday, October 17th.

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Veren Trading Down 1.5 %

Shares of VRN opened at C$8.34 on Tuesday. Veren has a 12 month low of C$8.15 and a 12 month high of C$12.67.

About Veren

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Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.

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