Tamarack-Valley-Energy (TVE) Price Target Increased to C$4.50 by Analysts at National Bank Financial
Tamarack-Valley-Energy (CVE:TVE) had its target price increased by National Bank Financial from C$4.00 to C$4.50 in a report published on Tuesday. National Bank Financial currently has an outperform rating on the stock.
TVE has been the topic of a number of other reports. Laurentian raised their price target on shares of Tamarack-Valley-Energy from C$4.25 to C$4.75 in a research note on Friday, October 6th. Desjardins reaffirmed a buy rating and issued a C$4.00 price target on shares of Tamarack-Valley-Energy in a research note on Monday, December 18th. Royal Bank of Canada raised their price target on shares of Tamarack-Valley-Energy from C$2.75 to C$3.25 and gave the company a sector perform rating in a research note on Thursday, November 30th. Raymond James Financial raised their price target on shares of Tamarack-Valley-Energy from C$3.50 to C$3.75 and gave the company an outperform rating in a research note on Thursday, November 9th. Finally, BMO Capital Markets raised their price target on shares of Tamarack-Valley-Energy from C$3.50 to C$4.25 and gave the company an outperform rating in a research note on Tuesday, December 12th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of C$4.19.
Tamarack-Valley-Energy has a 52-week low of C$2.11 and a 52-week high of C$7.85.
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Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant.
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