---
title: "CIBC Keeps Their Buy Rating on Peyto Exploration & Dev (PEY)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278747250.md"
description: "CIBC analyst Chris Thompson maintained a Buy rating on Peyto Exploration & Dev (PEY) with a price target of C$28.00. Thompson has an average return of 55.5% and a 71.43% success rate on recommended stocks. Scotiabank also issued a Buy rating for Peyto, while TD Cowen maintained a Hold rating."
datetime: "2026-03-11T15:05:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278747250.md)
  - [en](https://longbridge.com/en/news/278747250.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278747250.md)
---

# CIBC Keeps Their Buy Rating on Peyto Exploration & Dev (PEY)

CIBC analyst Chris Thompson MBA maintained a Buy rating on Peyto Exploration & Dev today and set a price target of C$28.00.

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Thompson MBA covers the Energy sector, focusing on stocks such as Birchcliff Energy, Cardinal Energy, and Peyto Exploration & Dev. According to TipRanks, Thompson MBA has an average return of 55.5% and a 71.43% success rate on recommended stocks.

In addition to CIBC, Peyto Exploration & Dev also received a Buy from Scotiabank’s Cameron Bean in a report issued today. However, yesterday, TD Cowen maintained a Hold rating on Peyto Exploration & Dev (TSX: PEY).

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