Argent Energy Trust (TSE: AET.UN)‘s stock had its “sector outperform” rating reiterated by investment analysts at CIBC in a note issued to investors on Wednesday. They currently have a $12.00 target price on the stock.
Separately, analysts at TD Securities raised their price target on shares of Argent Energy Trust from $11.50 to $12.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock.
Argent Energy Trust ( The Trust) is a Canada-based open-ended trust. The Trust’s objective is to create stable, consistent returns for investors through the indirect acquisition and development of oil and natural gas reserves and production with low-risk exploitation potential, located primarily in the United States and to pay out a portion of available cash to holders of Units (Unitholders) on a monthly basis.
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