Northern Blizzard Resources Inc. (TSE:NBZ)‘s stock had its “sector perform” rating restated by investment analysts at Scotiabank in a report issued on Tuesday. They currently have a C$4.75 price target on the oil and gas exploration company’s stock. Scotiabank’s price objective indicates a potential upside of 27.35% from the stock’s current price.

A number of other equities analysts have also recently weighed in on the stock. BMO Capital Markets reissued an “underperform” rating and issued a C$4.00 price objective on shares of Northern Blizzard Resources in a research report on Friday, September 9th. TD Securities reduced their price target on shares of Northern Blizzard Resources from C$6.50 to C$6.00 and set a “buy” rating on the stock in a research report on Friday, August 12th. CIBC reduced their price target on shares of Northern Blizzard Resources from C$5.00 to C$4.50 in a research report on Wednesday, October 19th. RBC Capital Markets reduced their price target on shares of Northern Blizzard Resources from C$5.00 to C$4.50 in a research report on Thursday, October 13th. Finally, Royal Bank Of Canada reduced their price target on shares of Northern Blizzard Resources from C$5.00 to C$4.50 in a research report on Thursday, October 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Northern Blizzard Resources currently has an average rating of “Hold” and an average price target of C$4.50.

Analyst Recommendations for Northern Blizzard Resources (TSE:NBZ)

Shares of Northern Blizzard Resources (TSE:NBZ) opened at 3.73 on Tuesday. Northern Blizzard Resources has a one year low of $2.76 and a one year high of $4.99. The firm has a 50-day moving average price of $3.52 and a 200-day moving average price of $4.15. The stock’s market cap is $452.98 million.

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Northern Blizzard Resources Company Profile

Northern Blizzard Resources Inc is a Canada-based crude oil production and development company focused on maximizing oil recovery from its heavy oil resource base. The Company is engaged in the exploration for and the acquisition, development and production of petroleum and natural gas reserves in western Canada.

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