Canaccord Genuity Group Lowers Veren (TSE:VRN) Price Target to C$14.00

Veren (TSE:VRNGet Free Report) had its price objective dropped by Canaccord Genuity Group from C$15.00 to C$14.00 in a report released on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price target suggests a potential upside of 65.29% from the company’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 Price Performance

VRN traded up C$0.16 on Tuesday, reaching C$8.47. The company’s stock had a trading volume of 1,912,282 shares, compared to its average volume of 3,062,240. Veren has a 1 year low of C$8.15 and a 1 year high of C$12.67.

Veren Company Profile

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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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