Delphi Energy Corp. (TSE:DEE) Receives Average Recommendation of “Hold” from Analysts

Delphi Energy Corp. (TSE:DEE) has received a consensus recommendation of “Hold” from the five brokerages that are currently covering the firm. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$1.20.

A number of equities analysts have issued reports on DEE shares. Beacon Securities upgraded Delphi Energy Corp. from a “speculative buy” rating to a “buy” rating in a research report on Thursday, June 16th. Scotiabank reiterated an “underperform” rating and set a C$0.95 price objective on shares of Delphi Energy Corp. in a research report on Wednesday, September 14th.

Delphi Energy Corp. (TSE:DEE) traded up 0.99% during midday trading on Monday, reaching $1.02. The company’s stock had a trading volume of 192,045 shares. The stock’s 50-day moving average price is $0.97 and its 200-day moving average price is $1.04. Delphi Energy Corp. has a 12 month low of $0.62 and a 12 month high of $1.25. The firm’s market capitalization is $158.61 million.

Delphi Energy Corp. Company Profile

Delphi Energy Corp. (Delphi) is a Canada-based company engaged in the acquisition for and exploration, development and production of crude oil, natural gas and natural gas liquids in western Canada. The Company’s operations are principally concentrated in Northwest Alberta at Bigstone, which is in the Deep Basin of Northwest Alberta.

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