---
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.

### Claim 70% Off TipRanks Premium

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

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).

### Related Stocks

- [PEY.US](https://longbridge.com/en/quote/PEY.US.md)

## Related News & Research

- [RBC Capital Sticks to Its Hold Rating for Peyto Exploration & Dev (PEY)](https://longbridge.com/en/news/271592858.md)
- [Amex Exploration closes C$50 million LIFE private placement at C$4.5/share](https://longbridge.com/en/news/287224857.md)
- [Pizza Pizza Royalty slashes monthly dividend by 12.9% to CAD 0.0675 a share](https://longbridge.com/en/news/286714154.md)
- [This Analyst Just Sent Mobileye Stock Down. Here's Why.](https://longbridge.com/en/news/286817003.md)
- [CIBC Remains a Hold on Dye & Durham (DND)](https://longbridge.com/en/news/287084335.md)