Analysis: Torc Oil & Gas (TSE:TOG) Stock Target Has Just Been Increased Today
In analysts note issued by Paradigm Research on Tuesday morning, the firm, Torc Oil & Gas (TSE:TOG), had their TP lowered to $6.50. Analusts at present have a solid Buy rating on the stock.
From a total of 4 analysts covering Torc Oil & Gas (TSE:TOG) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 75% 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 $9.67 with a 100.62% above today’s ($4.82) stock price. Torc Oil & Gas was the topic of 6 analyst reports since August 13, 2015 according to the firm StockzIntelligence Inc.
Approximately 4.02 million shares of stock traded hands or 468.43% up from the average. TORC OIL AND GAS LTD (TSE:TOG) has declined 56.21% since May 12, 2015 and is downtrending. It has underperformed by 52.53% the S&P500.