Leucrotta Exploration Inc (CVE:LXE) has been given an average rating of “Buy” by the ten analysts that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is C$2.69.

LXE has been the topic of several recent research reports. Raymond James Financial, Inc. set a C$3.00 price target on shares of Leucrotta Exploration and gave the company an “outperform” rating in a report on Friday, April 28th. Clarus Securities reaffirmed a “buy” rating on shares of Leucrotta Exploration in a report on Friday, April 28th.

Leucrotta Exploration (CVE:LXE) last posted its quarterly earnings results on Tuesday, May 30th. The oil and natural gas company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). Leucrotta Exploration had a negative net margin of 19.03% and a negative return on equity of 1.57%. The company had revenue of $4.88 million for the quarter, compared to analyst estimates of $4.56 million.

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About Leucrotta Exploration

Leucrotta Exploration Inc is an oil and natural gas company. The Company is engaged in the acquisition, development, exploration and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company’s primary areas of focus are in the Dawson-Sunrise area of northeast British Columbia.

Analyst Recommendations for Leucrotta Exploration (CVE:LXE)

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