Kiwetinohk Energy (TSE:KEC) Cut to Hold at Atb Cap Markets

Atb Cap Markets lowered shares of Kiwetinohk Energy (TSE:KEC) from a strong-buy rating to a hold rating in a research report released on Tuesday morning,Zacks.com reports. Atb Cap Markets also issued estimates for Kiwetinohk Energy’s FY2027 earnings at $2.10 EPS.

Separately, Royal Bank Of Canada increased their price objective on Kiwetinohk Energy from C$18.00 to C$21.00 and gave the company an “outperform” rating in a report on Monday, June 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$22.00.

Kiwetinohk Energy Stock Performance

Shares of Kiwetinohk Energy stock opened at C$24.67 on Tuesday. Kiwetinohk Energy has a one year low of C$13.57 and a one year high of C$24.74. The company has a market cap of C$1.08 billion, a PE ratio of 8.45 and a beta of 0.46. The company has a debt-to-equity ratio of 33.50, a quick ratio of 0.48 and a current ratio of 0.82. The business has a 50-day simple moving average of C$23.36 and a 200-day simple moving average of C$20.76.

About Kiwetinohk Energy

Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture and hydrogen clean energy projects.