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PrairieSky Royalty Receives Raised Price Targets and Dividend Update

PrairieSky Royalty logoPrairieSky Royalty
Sig1.20Sen+1.60Env0.00Soc0.00Gov0.00

Brokerages set PrairieSky Royalty’s average 12-month price objective at C$34.42, with Royal Bank of Canada raising its target from C$36.00 to C$38.00 and assigning an outperform rating. Insiders also bought shares, and shareholders of record on July 15 received a C$0.265 dividend per share, with a payout ratio of 100.96%.

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