Analysis: Torc Oil & Gas (TSE:TOG) Target Increased Today
In a recent report made public by National Bank Financial on Thursday, 3 December, the firm, Torc Oil & Gas (TSE:TOG), had their target price downgraded to $8.25. Analusts at present have a solid “Outperform” rating on the stock.
From a total of 3 analysts covering Torc Oil & Gas (TSE:TOG) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is $12 while the lowest target price is $7.25. The mean of all analyst targets is $9.95 with a 57.94% above today’s ($6.3) stock price. Torc Oil & Gas was the topic of 5 analyst reports since August 13, 2015 according to the firm StockzIntelligence Inc.
Approximately 519,011 shares of stock traded hands. TORC OIL AND GAS LTD (TSE:TOG) has declined 41.14% since April 30, 2015 and is downtrending. It has underperformed by 40.86% the S&P500.