Torc Oil & Gas Rating Reiterated by Scotiabank (VRO)
Torc Oil & Gas (TSE: VRO)‘s stock had its “outperform” rating restated by equities researchers at Scotiabank in a report issued on Wednesday. They currently have a $3.50 target price on the stock.
Torc Oil & Gas remained flat at $2.51 during trading on Wednesday. Torc Oil & Gas has a 52-week low of $1.49 and a 52-week high of $3.48. The stock’s 50-day moving average is currently $2.57.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James upgraded shares of Torc Oil & Gas from an “outperform” rating to a “strong-buy” rating in a research note to investors on Wednesday. They now have a $3.25 price target on the stock. Separately, analysts at TD Securities upgraded shares of Torc Oil & Gas from a “buy” rating to an “action list buy” rating in a research note to investors on Wednesday. They now have a $3.50 price target on the stock. Finally, analysts at Dundee Securities initiated coverage on shares of Torc Oil & Gas in a research note to investors on Monday, March 4th. They set a “buy” rating and a $2.80 price target on the stock.
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