Delphi Energy (DEE) Earns Strong-Buy Rating from Raymond James
Separately, BMO Capital Markets set a C$1.40 price target on Delphi Energy and gave the stock an outperform rating in a research note on Tuesday, July 24th.
TSE:DEE opened at C$0.57 on Monday. Delphi Energy has a 52 week low of C$0.52 and a 52 week high of C$1.34.
In other news, Director Lamont Clement Tolley purchased 89,500 shares of the firm’s stock in a transaction on Thursday, September 13th. The shares were bought at an average cost of C$0.72 per share, for a total transaction of C$64,440.00.
About Delphi Energy
Delphi Energy Corp. engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in western Canada. The company primarily holds interests in the Bigstone Montney property located in the Deep Basin of Northwest Alberta. It distributes natural gas through Alliance pipeline system in Chicago.
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