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Canaccord Genuity Thinks Touchstone Exploration’s Stock is Going to Recover

Canaccord Genuity analyst Charlie Sharp maintained a Buy rating on Touchstone Exploration (PBEGFResearch Report) today and set a price target of p190.00. The company’s shares closed last Tuesday at $0.72, close to its 52-week low of $0.66.

According to TipRanks.com, Sharp is ranked #75 out of 7991 analysts.

Touchstone Exploration has an analyst consensus of Moderate Buy, with a price target consensus of $2.10.

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The company has a one-year high of $2.13 and a one-year low of $0.66. Currently, Touchstone Exploration has an average volume of 27.77K.

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Touchstone Exploration, Inc. engages in the acquisition, exploration, development, production, and sale of petroleum and natural gas. Its properties include WD-8, Coora, Fyzabad, Icacos, Palo Seco, East Brighton, Barrackpore, San Fancique, New Dome, and Saouth Palo Seco. The company was founded in 1983 and is headquartered in Alberta, Canada.

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