Canadian Oil Sands (TSE:COS)‘s stock had its “sector underperform” rating restated by equities research analysts at Scotiabank in a research note issued to investors on Thursday, StockRatingsNetwork.com reports.
Shares of Canadian Oil Sands (TSE:COS) traded down 3.79% on Thursday, hitting $22.86. 3,626,901 shares of the company’s stock traded hands. Canadian Oil Sands has a 1-year low of $18.85 and a 1-year high of $24.46. The stock has a 50-day moving average of $22.88 and a 200-day moving average of $21.02. The company has a P/E ratio of 13.81.
The company also recently declared a Quarterly dividend, which is scheduled for Friday, May 30th. Shareholders of record on Friday, May 30th will be given a dividend of $0.35 per share. This represents a yield of 5.89%. The ex-dividend date of this dividend is Wednesday, May 21st.
COS has been the subject of a number of other recent research reports. Analysts at RBC Capital cut their price target on shares of Canadian Oil Sands from C$22.00 to C$21.00 in a research note on Thursday. They now have an “underperform” rating on the stock. Separately, analysts at NBF cut their price target on shares of Canadian Oil Sands from C$21.50 to C$21.00 in a research note on Thursday. Finally, analysts at Global Hunter Securities raised their price target on shares of Canadian Oil Sands from C$23.00 to C$26.00 in a research note on Tuesday. They now have a “neutral” rating on the stock. Five research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. Canadian Oil Sands currently has an average rating of “Hold” and a consensus price target of C$23.00.
Canadian Oil Sands Limited is a pure investment opportunity in light, sweet crude oil. Through its 36.
Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.