Torc Oil And Gas Ltd (TSE:TOG) Price Target Raised to C$8.50 at TD Securities

Torc Oil And Gas Ltd (TSE:TOG) had its price objective boosted by research analysts at TD Securities from C$8.00 to C$8.50 in a research report issued on Monday, November 6th. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price suggests a potential upside of 21.78% from the company’s previous close.

A number of other research firms also recently weighed in on TOG. National Bank Financial cut their price target on shares of Torc Oil And Gas from C$8.25 to C$7.75 and set an “outperform” rating on the stock in a report on Friday, October 13th. Royal Bank Of Canada lifted their target price on shares of Torc Oil And Gas from C$7.00 to C$10.00 in a report on Thursday, July 20th. Five analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average target price of C$9.36.

Torc Oil And Gas (TOG) traded up C$0.15 during trading on Monday, hitting C$6.98. 409,700 shares of the stock were exchanged, compared to its average volume of 863,092. Torc Oil And Gas has a fifty-two week low of C$4.43 and a fifty-two week high of C$8.91.

In other Torc Oil And Gas news, insider Michael Wihak sold 44,976 shares of the firm’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of C$5.42, for a total value of C$243,769.92. Also, Director Dale Orest Shwed sold 6,946 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of C$5.42, for a total transaction of C$37,647.32.

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About Torc Oil And Gas

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 .

Analyst Recommendations for Torc Oil And Gas (TSE:TOG)

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