Meg Energy (OTCMKTS:MEGEF) had its price objective reduced by research analysts at Morgan Stanley from $7.00 to $6.00 in a report released on Monday. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s target price points to a potential upside of 24.48% from the company’s current price.

Separately, UBS started coverage on shares of Meg Energy in a report on Wednesday, March 7th. They set a “neutral” rating for the company.

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Shares of OTCMKTS:MEGEF opened at $4.82 on Monday. Meg Energy has a 52-week low of $2.60 and a 52-week high of $5.33.

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