Tamarack-Valley-Energy-Ltd (TVE) PT Raised to C$3.75 at Raymond James Financial, Inc.
Tamarack-Valley-Energy-Ltd (TSE:TVE) had its target price increased by investment analysts at Raymond James Financial, Inc. from C$3.50 to C$3.75 in a research note issued to investors on Thursday. The firm presently has an “outperform” rating on the oil and natural gas company’s stock. Raymond James Financial, Inc.’s target price would indicate a potential upside of 28.87% from the stock’s previous close.
Several other equities research analysts have also recently issued reports on TVE. National Bank Financial lifted their price objective on Tamarack-Valley-Energy-Ltd from C$3.75 to C$4.00 and gave the stock an “outperform” rating in a report on Wednesday. Laurentian lifted their price objective on Tamarack-Valley-Energy-Ltd from C$4.25 to C$4.75 in a report on Friday, October 6th. Finally, Laurentian Bank of Canada lifted their price objective on Tamarack-Valley-Energy-Ltd from C$4.25 to C$4.75 in a report on Friday, October 6th.
Shares of Tamarack-Valley-Energy-Ltd (TSE:TVE) opened at C$2.91 on Thursday. Tamarack-Valley-Energy-Ltd has a twelve month low of C$1.96 and a twelve month high of C$3.71.
TRADEMARK VIOLATION WARNING: “Tamarack-Valley-Energy-Ltd (TVE) PT Raised to C$3.75 at Raymond James Financial, Inc.” was originally published by Watch List News and is owned by of Watch List News. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.watchlistnews.com/tamarack-valley-energy-ltd-tve-pt-raised-to-c3-75-at-raymond-james-financial-inc/1694557.html.
In related news, insider Gmt Capital Corp bought 23,900 shares of the stock in a transaction dated Tuesday, September 5th. The shares were acquired at an average cost of C$1.98 per share, for a total transaction of C$47,322.00. Over the last 90 days, insiders have bought 175,200 shares of company stock worth $358,756.
Tamarack Valley Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan.
Receive News & Ratings for Tamarack-Valley-Energy-Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tamarack-Valley-Energy-Ltd and related companies with Analyst Ratings Network's FREE daily email newsletter.