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.

In other news, insider Michael Wihak sold 44,976 shares of the business’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of C$5.42, for a total transaction of C$243,769.92. Also, Director Dale Orest Shwed sold 6,946 shares of the business’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of C$5.42, for a total transaction of C$37,647.32.

ILLEGAL ACTIVITY WARNING: This piece was originally published by Watch List News and is the property of of Watch List News. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://www.watchlistnews.com/torc-oil-and-gas-tog-price-target-raised-to-c8-00/1759728.html.

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 .

Analyst Recommendations for Torc Oil And Gas (TSE:TOG)

Receive News & Ratings for Torc Oil And Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torc Oil And Gas and related companies with MarketBeat.com's FREE daily email newsletter.