TAG Oil Ltd (TAO) PT Lowered to C$1.35 at TD Securities

TAG Oil Ltd (TSE:TAO) had its price target reduced by TD Securities from C$1.55 to C$1.35 in a research report sent to investors on Tuesday morning. TD Securities currently has a buy rating on the stock.

TAG Oil (TSE:TAO) opened at 0.59 on Tuesday. The stock’s market capitalization is $36.71 million. The firm has a 50 day moving average price of $0.65 and a 200 day moving average price of $0.79. TAG Oil has a 52 week low of $0.54 and a 52 week high of $1.04.

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TAG Oil Company Profile

TAG Oil Ltd. (TAG) is an oil and gas producer and explorer with operations and production infrastructure in the Taranaki Basin of New Zealand. The Company’s property, Taranaki Basin, is an oil, gas and condensate rich area located on the North Island of New Zealand. The Taranaki Basin covers an area of approximately 100,000 square kilometers.

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