Equities researchers at Raymond James lifted their target price on shares of Canadian Oil Sands (TSE:COS) from C$19.00 to C$21.00 in a research report issued on Friday, AmericanBankingNews.com reports. Raymond James’ target price would suggest a potential downside of 8.46% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Scotiabank downgraded shares of Canadian Oil Sands from a “sector perform” rating to an “underperform” rating in a research note on Thursday. They now have a C$22.00 price target on the stock, down previously from C$23.00. Separately, analysts at RBC Capital raised their price target on shares of Canadian Oil Sands from C$20.00 to C$22.00 in a research note on Wednesday. They now have an “underperform” rating on the stock. Finally, analysts at CIBC initiated coverage on shares of Canadian Oil Sands in a research note on Wednesday, March 19th. They set an “underperform” rating on the stock. Four investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. Canadian Oil Sands presently has an average rating of “Sell” and an average target price of C$21.67.
Shares of Canadian Oil Sands (TSE:COS) opened at 22.94 on Friday. Canadian Oil Sands has a 1-year low of $18.62 and a 1-year high of $23.44. The stock has a 50-day moving average of $21.96 and a 200-day moving average of $20.65. The company has a P/E ratio of 13.44.
Canadian Oil Sands Limited is a Canada-based company. The Company provides investment opportunity in the oil sands through its 36.
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