Torc Oil And Gas Ltd (TSE:TOG) had its target price dropped by investment analysts at TD Securities from C$11.00 to C$10.50 in a research report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. TD Securities’ target price points to a potential upside of 36.72% from the company’s current price.

Several other research firms have also issued reports on TOG. CIBC increased their target price on shares of Torc Oil And Gas from C$8.50 to C$9.50 in a report on Wednesday, October 19th. Scotiabank reduced their target price on shares of Torc Oil And Gas from C$10.25 to C$9.75 and set an “outperform” rating for the company in a report on Wednesday, August 17th. Finally, Dundee Securities lowered shares of Torc Oil And Gas from a “buy” rating to a “neutral” rating in a report on Tuesday, August 9th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of C$8.71.

Analyst Recommendations for Torc Oil And Gas (TSE:TOG)

Shares of Torc Oil And Gas (TSE:TOG) opened at 7.68 on Wednesday. Torc Oil And Gas has a one year low of $3.71 and a one year high of $9.23. The stock has a 50 day moving average of $8.01 and a 200-day moving average of $8.00. The company’s market capitalization is $1.26 billion.

About Torc Oil And Gas

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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