Legacy Oil Plus Gas (TSE:LEG) had its price target upped by TD Securities from C$2.00 to C$2.25 in a research note issued to investors on Thursday.
TD Securities has also modified their ratings on a number of other stocks in the few days. The firm upgraded shares of Corus Entertainment Inc. to a buy rating. Also, TD Securities upgraded shares of Yamana Gold Inc. from a hold rating to a buy rating. TD Securities now has a $6.00 price target on that stock, up previously from $5.00. Finally, TD Securities initiated coverage on shares of Agrium Inc.. They issued a buy rating on that stock and set a $130.00 price target.
Legacy Oil Plus Gas (TSE:LEG) traded down 1.08% during mid-day trading on Thursday, hitting $1.84. The stock had a trading volume of 3,238,186 shares. Legacy Oil Plus Gas has a 52 week low of $1.17 and a 52 week high of $10.03. The stock’s 50-day moving average is $1. and its 200-day moving average is $3.. The company has a market cap of $367.50 million and a P/E ratio of 12.27.
A number of other analysts have also recently weighed in on LEG. Analysts at CIBC raised their price target on shares of Legacy Oil Plus Gas from C$2.50 to C$2.75 and gave the company a sector perform rating in a research note on Monday, March 9th. Analysts at Scotiabank downgraded shares of Legacy Oil Plus Gas from an outperform rating to a sector perform rating and lowered their price target for the stock from C$4.50 to C$2.50 in a research note on Monday, February 2nd. Analysts at Dundee Securities downgraded shares of Legacy Oil Plus Gas from a buy rating to a neutral rating and lowered their price target for the stock from C$3.75 to C$2.25 in a research note on Monday, January 26th. Finally, analysts at BMO Capital Markets lowered their price target on shares of Legacy Oil Plus Gas from C$2.50 to C$2.00 and set a market perform rating on the stock in a research note on Monday, January 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of C$5.33.
Legacy Oil + Gas Inc (TSE:LEG) is a Canada-based Company engaged in the exploration, acquisition, development and production of oil and natural gas reserves. Legacy has properties and operates in the provinces of Alberta, Saskatchewan, Manitoba and British Columbia and in the State of North Dakota.
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