Analysts at GMP Securities started coverage on shares of Legacy Oil Plus Gas (TSE: LEG) in a research report issued to clients and investors on Thursday. The firm set a “buy” rating on the stock.

LEG has been the subject of a number of other recent research reports. Analysts at Dundee Securities initiated coverage on shares of Legacy Oil Plus Gas in a research note to investors on Monday. They set a “buy” rating on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of Legacy Oil Plus Gas in a research note to investors on Thursday, February 14th. They now have a $11.50 price target on the stock. Finally, analysts at CIBC reiterated an “outperform” rating on shares of Legacy Oil Plus Gas in a research note to investors on Wednesday, February 13th. They now have a $9.75 price target on the stock.

Legacy Oil Plus Gas traded up 5.46% on Thursday, hitting $5.99. Legacy Oil Plus Gas has a 52-week low of $4.80 and a 52-week high of $11.25. The stock’s 50-day moving average is currently $6.84. The company has a market cap of $858.6 million and a price-to-earnings ratio of 81.14.

Legacy Oil + Gas Inc. (Legacy) is engaged in exploration, exploitation and development drilling for oil and natural gas reserves.

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