Meg Energy (OTCMKTS:MEGEF) had its price objective lowered by Morgan Stanley from $7.00 to $6.00 in a research report report published on Monday morning. Morgan Stanley currently has an equal weight rating on the stock.
Separately, UBS started coverage on Meg Energy in a research note on Wednesday, March 7th. They set a neutral rating on the stock.
Shares of MEGEF opened at $4.83 on Monday. Meg Energy has a 12 month low of $2.60 and a 12 month high of $5.33.
TRADEMARK VIOLATION WARNING: This story was reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.chaffeybreeze.com/2018/04/17/meg-energy-megef-price-target-cut-to-6-00-by-analysts-at-morgan-stanley.html.
Receive News & Ratings for Meg Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meg Energy and related companies with MarketBeat.com's FREE daily email newsletter.