Wells Fargo began coverage on shares of Penn Virginia (NYSE: PVA) in a report released on Monday. The firm issued an outperform rating on the stock.
Shares of Penn Virginia traded up 2.21% during mid-day trading on Monday, hitting $4.16. Penn Virginia has a 52 week low of $3.92 and a 52 week high of $7.74. The stock’s 50-day moving average is currently $4.42. The company’s market cap is $223.0 million.
A number of other firms have also recently commented on PVA. Analysts at Credit Suisse cut their price target on shares of Penn Virginia from $6.00 to $5.00 in a research note to investors on Tuesday, February 26th. They now have a neutral rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Penn Virginia from $8.00 to $6.50 in a research note to investors on Friday, February 22nd. Finally, analysts at Howard Weil upgraded shares of Penn Virginia from a sector perform rating to a sector outperform rating in a research note to investors on Wednesday, February 6th.
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