TORC OIL & GAS LTD COM NPV (VREYF) Rating Reiterated by TD Securities
TORC OIL & GAS LTD COM NPV (OTCMKTS:VREYF)‘s stock had its “buy” rating reissued by TD Securities in a report issued on Thursday. They currently have a $10.50 price target on the stock, down from their previous price target of $11.00. TD Securities’ price objective would suggest a potential upside of 69.86% from the stock’s previous close.
A number of other brokerages have also recently weighed in on VREYF. Dundee Securities restated a “neutral” rating on shares of TORC OIL & GAS LTD COM NPV in a research note on Thursday, August 11th. Scotiabank restated an “outperform” rating and set a $10.25 price objective (up from $9.75) on shares of TORC OIL & GAS LTD COM NPV in a research note on Sunday, August 21st. Finally, RBC Capital Markets restated an “outperform” rating and set a $10.00 price objective on shares of TORC OIL & GAS LTD COM NPV in a research note on Friday, September 16th. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $8.43.
TORC OIL & GAS LTD COM NPV (OTCMKTS:VREYF) opened at 6.1817 on Thursday. TORC OIL & GAS LTD COM NPV has a 12 month low of $2.79 and a 12 month high of $7.05. The firm has a 50-day moving average price of $6.04 and a 200 day moving average price of $6.22. The stock’s market capitalization is $1.01 billion.
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