Torc Oil And Gas (TOG) Price Target Raised to C$8.00
Torc Oil And Gas (TSE:TOG) had its target price boosted by research analysts at Raymond James Financial from C$7.50 to C$8.00 in a research report issued to clients and investors on Tuesday. The firm presently has an “outperform” rating on the stock. Raymond James Financial’s target price points to a potential upside of 15.27% from the stock’s current price.
Several other research analysts have also commented on the stock. TD Securities lifted their price objective on shares of Torc Oil And Gas from C$8.00 to C$8.50 and gave the stock a “buy” rating in a research note on Monday, November 6th. Royal Bank of Canada lifted their price objective on shares of Torc Oil And Gas from C$7.00 to C$8.00 and gave the stock an “outperform” rating in a research note on Monday, November 6th. Finally, National Bank Financial dropped their price objective on shares of Torc Oil And Gas from C$8.25 to C$7.75 and set an “outperform” rating for the company in a research note on Friday, October 13th. Six equities research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of C$9.19.
Torc Oil And Gas (TOG) traded up C$0.07 during midday trading on Tuesday, reaching C$6.94. 498,922 shares of the company’s stock traded hands, compared to its average volume of 859,452. Torc Oil And Gas has a 52 week low of C$4.43 and a 52 week high of C$8.80.
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About Torc Oil And Gas
TORC Oil and Gas Ltd. (TORC), formerly Vero Energy Inc (Vero), is a Canada-based company. The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas assets.The Company is engaged in drilling activities. TORC uses its technical, technological and industry knowledge to evaluate potential hydrocarbon .
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