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RBC Forecasts Strong Price Appreciation for Headwater Exploration Stock

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Headwater Exploration (TSE:HWX) stock price target has been raised to C$15.00 by Royal Bank Of Canada from its previous estimate of C$14.00, suggesting a potential upside of 14.77%.

This new forecast is part of a note issued to investors on Monday by BayStreet.CA, which reports that the brokerage currently has a 'sector perform' rating on the stock.

In addition to this update, Desjardins set a price target of C$14.50 and gave Headwater Exploration a 'hold' rating in its research note on July 17th.

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