Pengrowth Energy (NYSE:PGH) Getting Somewhat Favorable News Coverage, Study Shows

Press coverage about Pengrowth Energy (NYSE:PGH) (TSE:PGF) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Pengrowth Energy earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 46.0180055168029 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the media headlines that may have effected Accern’s rankings:

A number of analysts have commented on the company. Royal Bank Of Canada lowered Pengrowth Energy from a “sector perform” rating to an “underperform” rating in a report on Friday, November 10th. AltaCorp Capital downgraded Pengrowth Energy from a “sector perform” rating to an “underperform” rating in a research note on Friday, October 6th. Canaccord Genuity downgraded Pengrowth Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. TD Securities downgraded Pengrowth Energy from a “hold” rating to a “reduce” rating in a research note on Monday, October 2nd. Finally, Zacks Investment Research upgraded Pengrowth Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. Eight equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. Pengrowth Energy currently has an average rating of “Sell” and a consensus target price of $2.19.

Pengrowth Energy (NYSE PGH) opened at $0.92 on Monday. Pengrowth Energy has a 52-week low of $0.54 and a 52-week high of $1.76. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60.

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About Pengrowth Energy

Pengrowth Energy Corporation is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia. The Lindbergh thermal property is located approximately 420 kilometers north east of Calgary, Alberta and 50 kilometers south of Bonnyville, Alberta.

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