Tamarack Valley Energy (TSE:TVE – Get Rating) had its price target cut by stock analysts at Stifel Nicolaus from C$7.50 to C$7.25 in a note issued to investors on Monday, BayStreet.CA reports. Stifel Nicolaus’ price objective points to a potential upside of 78.57% from the stock’s previous close.
A number of other equities analysts have also weighed in on TVE. Royal Bank of Canada upped their target price on Tamarack Valley Energy from C$7.00 to C$7.50 and gave the stock an “outperform” rating in a research note on Friday, April 22nd. ATB Capital upped their price objective on Tamarack Valley Energy from C$6.50 to C$6.75 and gave the stock a “strong-buy” rating in a report on Friday, April 22nd. CIBC increased their target price on Tamarack Valley Energy from C$7.00 to C$7.50 and gave the company an “outperform” rating in a report on Friday, April 22nd. National Bankshares increased their target price on Tamarack Valley Energy from C$8.00 to C$8.50 and gave the company an “outperform” rating in a report on Friday, April 22nd. Finally, Raymond James set a C$7.25 price objective on Tamarack Valley Energy and gave the stock a “strong-buy” rating in a report on Wednesday, May 4th. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, Tamarack Valley Energy presently has an average rating of “Buy” and an average target price of C$6.50.