Torc Oil And Gas (TSE:TOG) Price Target Raised to C$9.45

Torc Oil And Gas (TSE:TOG) had its price target hoisted by equities research analysts at National Bank Financial from C$7.75 to C$9.45 in a research note issued to investors on Tuesday, January 9th. The firm currently has an “outperform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 28.75% from the company’s previous close.

Several other equities research analysts have also issued reports on TOG. TD Securities raised their price objective on 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, November 6th. Royal Bank of Canada increased their price target on Torc Oil And Gas from C$7.00 to C$8.00 and gave the stock an “outperform” rating in a report on Monday, November 6th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a C$7.50 price target on shares of Torc Oil And Gas in a report on Monday, December 4th. Six analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus price target of C$9.10.

Torc Oil And Gas (TSE:TOG) remained flat at $C$7.34 during midday trading on Tuesday. The stock had a trading volume of 605,438 shares, compared to its average volume of 605,756. The stock has a market cap of $1,440.00, a P/E ratio of 734.00 and a beta of 1.28. Torc Oil And Gas has a fifty-two week low of C$4.43 and a fifty-two week high of C$7.91.

Torc Oil And Gas (TSE:TOG) last announced its quarterly earnings results on Friday, November 3rd. The company reported C($0.03) EPS for the quarter, meeting analysts’ consensus estimates of C($0.03).

In other Torc Oil And Gas news, insider Michael Wihak sold 40,000 shares of Torc Oil And Gas stock in a transaction dated Friday, December 15th. The stock was sold at an average price of C$6.95, for a total transaction of C$278,000.00.

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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 .

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

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