RBC raises target for Cardinal Energy stock to CAD 14.50
Published on 10/15/2026 at 18:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and dates
- Royal Bank of Canada raised its Cardinal Energy target to CAD 14.50 on October 13, 2026.
- Cardinal Energy scheduled its third-quarter 2026 results for November 5, 2026.
- Cardinal Energy stock costs EUR 8.45 at Lang & Schwarz on October 15, 2026 at 6:30 p.m. CEST.
- Cardinal Energy had a market capitalization of CAD 2.4 billion on October 15, 2026.
Royal Bank of Canada raised its Cardinal Energy target from CAD 14.00 to CAD 14.50 on October 13, 2026, while changing its rating from moderate buy to hold, according to MarketBeat. The new target was 7.81 percent above Cardinal Energy's CAD 13.45 Toronto Stock Exchange price on October 15, 2026. At Lang & Schwarz, the stock was EUR 8.45 on October 15, 2026 at 6:30 p.m. CEST.
November 5 results date
Cardinal Energy's investor calendar lists third-quarter 2026 results for November 5, 2026, after the market close. The date is published on the company's investor page, which also identifies Cardinal Energy as an oil and natural gas producer focused on Western Canada. The company paid a monthly dividend for October under a release dated October 13, 2026.
Price position and yearly range
The Toronto Stock Exchange quote stood at CAD 13.45 on October 15, 2026, up 0.30 percent from CAD 13.41. The same session showed a CAD 13.20 low and a CAD 13.46 high, while volume reached 378,379 shares against an average of 1,072,274 shares. Cardinal Energy's 52-week range was CAD 7.51 to CAD 13.57, placing the stock 0.88 percent below its high.
Valuation and target
Cardinal Energy had a market capitalization of CAD 2.4 billion and a price-to-earnings ratio of 39.85 on October 15, 2026. Its trailing dividend yield was 0.05 percent. The latest quarterly figures cited by MarketBeat were CAD 0.38 earnings per share and CAD 193.44 million in revenue.
Comparison with peers
Cardinal Energy: price-to-earnings ratio 39.85, market capitalization CAD 2.4 billion
Canadian Natural Resources (TSX, CAD): 0.39 percent, price-to-earnings ratio 13.14, market capitalization CAD 152.8 billion
Whitecap Resources (TSX, CAD): 0.23 percent, price-to-earnings ratio 16.81, market capitalization CAD 23.8 billion
What investors can track next
The November 5 results will provide the next dated test for production, cash generation and dividend capacity. The analyst target of CAD 14.50 sits above the current Toronto Stock Exchange quote, while the euro quotation remained separately stated at Lang & Schwarz.
Trading levels in euros
Cardinal Energy was trading at EUR 8.45 at Lang & Schwarz on October 15, 2026 at 6:30 p.m. CEST. The latest Toronto Stock Exchange quote was CAD 13.45 at 4:33 p.m. ET on the same date.
The further course of trading is shown by the continuously updated real-time quote of Cardinal Energy stock.
Cardinal Energy market facts
- Company: Cardinal Energy Ltd.
- ISIN: CA14150G4007
- Ticker: CJ.TO
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz (as of October 15, 2026, 6:30 p.m. CEST): EUR 8.45
- Market capitalization: CAD 2.4 billion (as of October 15, 2026)
- 52-week range: CAD 7.51-13.57 (as of October 15, 2026)
- Sector / Industry: Energy / Oil and gas exploration and production
- Next earnings date: November 5, 2026
Market context: Market report S&P/TSX Composite.
