Torc Oil And Gas Ltd (TSE:TOG) has earned an average rating of “Buy” from the thirteen ratings firms that are covering the company. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$8.61.
A number of research firms have recently commented on TOG. TD Securities reiterated a “buy” rating and set a C$10.50 target price on shares of Torc Oil And Gas in a research report on Wednesday, August 17th. Scotiabank lowered their price target on Torc Oil And Gas from C$10.25 to C$9.75 and set an “outperform” rating on the stock in a report on Wednesday, August 17th. Finally, Dundee Securities lowered Torc Oil And Gas from a “buy” rating to a “neutral” rating in a report on Tuesday, August 9th.
Torc Oil And Gas (TSE:TOG) opened at 7.59 on Friday. The firm’s 50 day moving average price is $7.86 and its 200-day moving average price is $7.93. The firm’s market cap is $1.24 billion. Torc Oil And Gas has a one year low of $3.71 and a one year high of $9.23.
Torc Oil And Gas Company Profile
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 .
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