Logan Energy (CVE:LGN) Given a C$1.75 Price Target by National Bank Financial Analysts

Logan Energy (CVE:LGN) has been given a C$1.75 price objective by National Bank Financial in a research note issued to investors on Wednesday, BayStreet reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 54.87% from the company’s current price.

LGN has been the topic of a number of other research reports. Royal Bank Of Canada set a C$1.50 price objective on shares of Logan Energy and gave the company a “moderate buy” rating in a research report on Monday, August 10th. Scotiabank upgraded shares of Logan Energy to a “strong-buy” rating in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$1.38.

Logan Energy Stock Performance

CVE:LGN opened at C$1.13 on Wednesday. The stock’s fifty day moving average is C$1.10 and its 200 day moving average is C$0.98. Logan Energy has a fifty-two week low of C$0.74 and a fifty-two week high of C$1.22. The firm has a market capitalization of C$781.53 million, a PE ratio of 18.83 and a beta of -0.02.

Logan Energy Company Profile

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.