Leucrotta Exploration’s (LXE) Outperform Rating Reaffirmed at Royal Bank Of Canada
Leucrotta Exploration Inc (CVE:LXE)‘s stock had its “outperform” rating restated by stock analysts at Royal Bank Of Canada in a report released on Friday. They currently have a C$3.00 price objective on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 48.51% from the company’s current price.
A number of other brokerages also recently weighed in on LXE. Dundee Securities increased their price target on shares of Leucrotta Exploration from C$1.80 to C$2.55 and gave the company a “buy” rating in a report on Thursday, August 18th. Desjardins raised their price objective on shares of Leucrotta Exploration from C$2.00 to C$2.25 and gave the stock a “buy” rating in a report on Friday, August 19th. Raymond James Financial Inc. set a C$2.00 price objective on shares of Leucrotta Exploration in a report on Monday, June 6th. National Bank Financial raised their price objective on shares of Leucrotta Exploration from C$1.75 to C$2.25 and gave the stock an “outperform” rating in a report on Thursday, August 18th. Finally, Acumen Capital raised their price objective on shares of Leucrotta Exploration from C$2.25 to C$2.80 and gave the stock a “buy” rating in a report on Thursday, August 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Leucrotta Exploration has a consensus rating of “Buy” and an average target price of C$2.18.
Leucrotta Exploration Company Profile
Leucrotta Exploration Inc is an oil and natural gas company. The Company is engaged in the acquisition, development, exploration and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company’s primary areas of focus are in the Dawson-Sunrise area of northeast British Columbia.
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