National Bank Financial reissued their outperform rating on shares of Adams Natural Resources Fund (NYSE:PEO) in a report issued on Thursday, Stock Target Advisor reports. They currently have a $11.00 price objective on the financial services provider’s stock.
Several other brokerages have also recently commented on PEO. CIBC reissued an average rating and issued a $11.00 price target on shares of Adams Natural Resources Fund in a research note on Wednesday, July 31st. Canaccord Genuity reissued an average rating on shares of Adams Natural Resources Fund in a research note on Wednesday, July 31st. Finally, Clarus Securities reissued an average rating on shares of Adams Natural Resources Fund in a research note on Wednesday, August 7th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Adams Natural Resources Fund presently has an average rating of Hold and a consensus target price of $10.50.
Shares of NYSE PEO traded down $0.03 during trading hours on Thursday, hitting $15.43. The stock had a trading volume of 3,415 shares, compared to its average volume of 109,238. The firm’s 50-day moving average price is $15.58 and its two-hundred day moving average price is $16.06. Adams Natural Resources Fund has a 52 week low of $13.60 and a 52 week high of $18.95.
About Adams Natural Resources Fund
Adams Natural Resources Fund, Inc is a self-managed investment trust. The firm invests in the public equity markets across the globe. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.
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