PetroShale (OTCMKTS:PSHIF) PT Raised to C$1.10

PetroShale (OTCMKTS:PSHIFGet Rating) had its price objective raised by National Bank Financial from C$1.00 to C$1.10 in a research report report published on Thursday, The Fly reports.

A number of other analysts have also recently commented on PSHIF. Royal Bank of Canada assumed coverage on shares of PetroShale in a research note on Tuesday, March 29th. They issued a sector perform rating for the company. BMO Capital Markets assumed coverage on shares of PetroShale in a research note on Tuesday, February 15th. They issued an outperform rating for the company.

Shares of PSHIF opened at 0.62 on Thursday. The stock’s fifty day simple moving average is 0.66. PetroShale has a 12 month low of 0.14 and a 12 month high of 0.78.

PetroShale Company Profile (Get Rating)

PetroShale Inc, an independent oil company, engages in the acquisition, development, and production of oil-weighted assets primarily in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. It holds interests in the Middle Bakken and Three Forks Benches One, Two, Three, and Four formations, as well as Pronghorn/Sanish and Lodgepole areas.

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