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Canacol Energy - CNE Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: C$6.75
  • Forecasted Upside: 78.10%
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$3.79 As of 12/23/2024 10:30 AM ET
▲ +0.29 (8.29%)

This chart shows the closing price for CNE by one month, three months, or twelve months.

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Analyst Price Target for CNE

Analyst Price Target is C$6.75
▲ +78.10% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Canacol Energy in the last 3 months. The average price target is C$6.75, with a high forecast of C$8.00 and a low forecast of C$5.50. The average price target represents a 78.10% upside from the last price of C$3.79.

This chart shows the closing price for CNE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 2 investment analysts is to reduce stock in Canacol Energy. This rating has held steady since April 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/2/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/29/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/28/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
6/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
9/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
11/23/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
7/16/2024Jefferies Financial GroupBoost TargetHoldC$5.40 ➝ C$5.50
4/29/2024JPMorgan Chase & Co.DowngradeNeutral ➝ UnderperformC$8.00
3/25/2024Jefferies Financial GroupLower TargetHoldC$6.70 ➝ C$5.40
2/6/2024Jefferies Financial GroupLower TargetC$11.00 ➝ C$6.70
10/23/2023Eight CapitalDowngradeBuy ➝ NeutralC$30.00 ➝ C$9.00
10/23/2023JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralC$17.50 ➝ C$9.00
10/20/2023Jefferies Financial GroupDowngradeBuy ➝ HoldC$16.00 ➝ C$11.00
5/13/2022BMO Capital MarketsLower TargetC$20.00 ➝ C$17.50
9/21/2021JPMorgan Chase & Co.Boost TargetOverweightC$25.00 ➝ C$42.50
5/14/2021BMO Capital MarketsLower TargetOutperformC$25.00 ➝ C$22.50
1/5/2021JPMorgan Chase & Co.Lower TargetC$35.00 ➝ C$30.00
9/24/2020JPMorgan Chase & Co.Reiterated RatingOverweightC$35.00
3/3/2020BMO Capital MarketsReiterated RatingOutperformC$30.00
(Data available from 12/23/2019 forward)

News Sentiment Rating

1.07 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/27/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/26/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/26/2024
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/25/2024
  • 1 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
9/24/2024
  • 0 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
10/24/2024
  • 0 very positive mentions
  • 13 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
11/23/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/23/2024

Current Sentiment

  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Canacol Energy logo
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada. Canacol Energy Ltd operates as a subsidiary of CDS Clearing and Depository Services Inc.
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Today's Range

Now: C$3.79
Low: C$3.65
High: C$3.79

50 Day Range

MA: C$3.45
Low: C$2.79
High: C$4.28

52 Week Range

Now: C$3.79
Low: C$2.76
High: C$7.68

Volume

651 shs

Average Volume

43,020 shs

Market Capitalization

C$129.28 million

P/E Ratio

8.06

Dividend Yield

32.00%

Beta

0.82

Frequently Asked Questions

What sell-side analysts currently cover shares of Canacol Energy?

The following Wall Street research analysts have issued research reports on Canacol Energy in the last twelve months: Jefferies Financial Group Inc., and JPMorgan Chase & Co..
View the latest analyst ratings for CNE.

What is the current price target for Canacol Energy?

0 Wall Street analysts have set twelve-month price targets for Canacol Energy in the last year. Their average twelve-month price target is C$6.75, suggesting a possible upside of 78.1%. JPMorgan Chase & Co. has the highest price target set, predicting CNE will reach C$8.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of C$5.50 for Canacol Energy in the next year.
View the latest price targets for CNE.

What is the current consensus analyst rating for Canacol Energy?

Canacol Energy currently has 1 sell rating and 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for CNE.

What other companies compete with Canacol Energy?

Other companies that are similar to Canacol Energy include Sintana Energy, Coelacanth Energy, Tenaz Energy, Logan Energy and ShaMaran Petroleum. Learn More about companies similar to Canacol Energy.

How do I contact Canacol Energy's investor relations team?

Canacol Energy's physical mailing address is Eighth Avenue Place, 4500-525 8 Ave SW, CALGARY, AB T2P 1G1, Canada. The oil and gas exploration company's listed phone number is +1-403-5611648. The official website for Canacol Energy is www.canacolenergy.com. Learn More about contacing Canacol Energy investor relations.