Equities researchers at TD Securities upped their target price on shares of Sterling Resources (CVE: SLG) from $0.95 to $1.20 in a report issued on Thursday. The firm currently has a “hold” rating on the stock.

Several other analysts have also recently commented on the stock. Analysts at National Bank Financial reiterated a “sector perform” rating on shares of Sterling Resources in a research note to investors on Tuesday. Separately, analysts at National Bank of Greece reiterated a “sector perform” rating on shares of Sterling Resources in a research note to investors on Tuesday. Finally, analysts at CIBC raised their price target on shares of Sterling Resources from $0.85 to $1.25 in a research note to investors on Tuesday. They now have a “sector perform” rating on the stock.

Six research analysts have rated the stock with a hold rating, Sterling Resources currently has an average rating of “Hold” and an average price target of $1.55.

Sterling Resources Ltd. (CVE: SLG) is an energy company engaged in the acquisition of petroleum and natural gas rights, and the exploration for, and the development and production of, crude oil and natural gas.

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