Torc Oil And Gas Ltd (TSE:TOG) had its target price increased by Royal Bank Of Canada from C$7.00 to C$8.00 in a research report sent to investors on Monday morning. They currently have an outperform rating on the stock.
Other equities research analysts have also issued research reports about the stock. National Bank Financial lifted their target price on shares of Torc Oil And Gas from C$7.75 to C$8.25 and gave the company an outperform rating in a research note on Thursday, August 3rd. TD Securities lifted their target price on shares of Torc Oil And Gas from C$8.00 to C$8.50 and gave the company a buy rating in a research note on Monday. Five equities research analysts have rated the stock with a buy rating, Torc Oil And Gas presently has a consensus rating of Buy and a consensus target price of C$9.36.
Shares of Torc Oil And Gas (TSE:TOG) opened at C$7.11 on Monday. Torc Oil And Gas has a 52 week low of C$4.43 and a 52 week high of C$8.91.
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In related news, Director Dale Orest Shwed sold 6,946 shares of the business’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of C$5.42, for a total transaction of C$37,647.32. Also, insider Michael Wihak sold 44,976 shares of the business’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of C$5.42, for a total transaction of C$243,769.92.
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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