Stifel Nicolaus Boosts Gear Energy (OTCMKTS:GENGF) Price Target to C$1.85

Gear Energy (OTCMKTS:GENGF – Get Rating) had its price objective raised by Stifel Nicolaus from C$1.60 to C$1.85 in a research note released on Thursday morning, The Fly reports.

Shares of OTCMKTS GENGF opened at $1.26 on Thursday. Gear Energy has a 12-month low of $0.42 and a 12-month high of $1.49. The stock’s 50 day simple moving average is $1.25 and its 200 day simple moving average is $0.99.

About Gear Energy (Get Rating)

Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its properties include the Celtic/Paradise Hill property located approximately 40 kilometers northeast of Lloydminster Alberta; the Wildmere field situated approximately 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property located in Central Alberta; and the Tableland property situated southwest of Estevan in Southeast Saskatchewan.

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