Tamarack-Valley-Energy (TVE) PT Lowered to C$3.75 at CIBC
Several other research firms have also weighed in on TVE. Laurentian set a C$5.50 price objective on Tamarack-Valley-Energy in a research note on Wednesday, March 7th. National Bank Financial lifted their price target on Tamarack-Valley-Energy from C$4.00 to C$4.50 and gave the company an outperform rating in a research note on Tuesday, January 16th. GMP Securities lifted their price target on Tamarack-Valley-Energy from C$4.25 to C$4.50 in a research note on Tuesday, January 16th. Canaccord Genuity raised Tamarack-Valley-Energy from a hold rating to a buy rating and lifted their price target for the company from C$3.50 to C$4.00 in a research note on Tuesday, January 9th. Finally, Desjardins reissued a buy rating and set a C$4.00 price target on shares of Tamarack-Valley-Energy in a research note on Monday, December 18th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of C$4.23.
Tamarack-Valley-Energy has a twelve month low of C$2.11 and a twelve month high of C$7.85.
Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant.
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