Torc Oil And Gas (TSE:TOG) had its price target hoisted by equities research analysts at Eight Capital from C$9.50 to C$10.50 in a research note issued to investors on Monday. Eight Capital’s price objective suggests a potential upside of 43.05% from the company’s previous close.
Several other analysts have also recently commented on TOG. National Bank Financial lifted their price objective on shares of Torc Oil And Gas from C$7.75 to C$9.45 and gave the company an “outperform” rating in a research note on Tuesday, January 9th. Raymond James Financial restated an “outperform” rating and set a C$7.50 price objective on shares of Torc Oil And Gas in a research note on Monday, December 4th. Royal Bank of Canada lifted their price objective on shares of Torc Oil And Gas from C$7.00 to C$8.00 and gave the company an “outperform” rating in a research note on Monday, November 6th. Finally, TD Securities lifted their price objective on shares of Torc Oil And Gas from C$8.00 to C$8.50 and gave the company a “buy” rating in a research note on Monday, November 6th. Six equities research analysts have rated the stock with a buy rating, Torc Oil And Gas presently has a consensus rating of “Buy” and a consensus price target of C$9.10.
Shares of Torc Oil And Gas (TOG) opened at C$7.34 on Monday. Torc Oil And Gas has a 12 month low of C$4.43 and a 12 month high of C$7.91. The company has a market cap of $1,500.00, a P/E ratio of 734.00 and a beta of 1.28.
In other news, insider Michael Wihak sold 40,000 shares of Torc Oil And Gas stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of C$6.95, for a total transaction of C$278,000.00.
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Torc Oil And Gas Company Profile
TORC Oil and Gas Ltd. (TORC), formerly Vero Energy Inc (Vero), is a Canada-based company. The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas assets.The Company is engaged in drilling activities. TORC uses its technical, technological and industry knowledge to evaluate potential hydrocarbon .
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