TAG Oil Ltd (TSE:TAO)‘s stock had its “speculative buy” rating reaffirmed by analysts at TD Securities in a research note issued on Wednesday. They presently have a C$1.40 price target on the stock. TD Securities’ price objective would suggest a potential upside of 75.00% from the stock’s current price.

About TAG Oil

TAG Oil Ltd. (TAG) is an oil and gas producer and explorer with operations and production infrastructure in the Taranaki Basin of New Zealand. The Company’s property, Taranaki Basin, is an oil, gas and condensate rich area located on the North Island of New Zealand. The Taranaki Basin covers an area of approximately 100,000 square kilometers.

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