Shares of Toro Oil & Gas Ltd (NYSE:TOO) have been assigned a consensus recommendation of “Hold” from the thirteen ratings firms that are covering the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $5.94.

Several analysts have commented on TOO shares. Zacks Investment Research upgraded shares of Toro Oil & Gas from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 26th. RBC Capital Markets upgraded shares of Toro Oil & Gas from a “sector perform” rating to an “outperform” rating and set a $8.00 price objective for the company in a research note on Thursday, August 18th. Royal Bank Of Canada upgraded shares of Toro Oil & Gas from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $5.00 to $8.00 in a research note on Thursday, August 18th. TheStreet cut shares of Toro Oil & Gas from a “hold” rating to a “sell” rating in a research note on Friday, August 5th. Finally, National Bank Financial decreased their price objective on shares of Toro Oil & Gas from C$0.30 to C$0.25 in a research note on Wednesday, August 3rd.

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A number of large investors have recently modified their holdings of the company. KCG Holdings Inc. bought a new stake in shares of Toro Oil & Gas during the second quarter valued at approximately $162,000. HBK Investments L P bought a new stake in shares of Toro Oil & Gas during the first quarter valued at approximately $169,000. Trust Asset Management LLC raised its stake in shares of Toro Oil & Gas by 2.4% in the second quarter. Trust Asset Management LLC now owns 35,343 shares of the company’s stock valued at $210,000 after buying an additional 827 shares during the last quarter. Credit Suisse AG raised its stake in shares of Toro Oil & Gas by 14.1% in the third quarter. Credit Suisse AG now owns 45,448 shares of the company’s stock valued at $287,000 after buying an additional 5,610 shares during the last quarter. Finally, Endurance Wealth Management Inc. raised its stake in shares of Toro Oil & Gas by 2,881.3% in the third quarter. Endurance Wealth Management Inc. now owns 47,700 shares of the company’s stock valued at $309,000 after buying an additional 46,100 shares during the last quarter.

Shares of Toro Oil & Gas (NYSE:TOO) traded up 2.27% during trading on Monday, hitting $5.41. 715,451 shares of the company were exchanged. The firm’s market capitalization is $773.95 million. Toro Oil & Gas has a 12 month low of $2.30 and a 12 month high of $13.64. The firm’s 50-day moving average price is $5.90 and its 200 day moving average price is $5.73.

Toro Oil & Gas (NYSE:TOO) last released its earnings results on Thursday, November 3rd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by $0.18. The company had revenue of $286.30 million for the quarter, compared to the consensus estimate of $277.18 million. The firm’s revenue was up .6% compared to the same quarter last year. On average, equities research analysts expect that Toro Oil & Gas will post $0.86 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 10th. Investors of record on Friday, November 4th were issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 8.32%. The ex-dividend date of this dividend was Wednesday, November 2nd.

Toro Oil & Gas Company Profile

Teekay Offshore Partners L.P. is a provider of marine transportation, oil production, storage, long-distance towing and offshore installation and maintenance and safety services to the offshore oil industry in North Sea, Brazil and the East Coast of Canada. The Company operates shuttle tankers; towage vessels; floating, production, storage and off-loading (FPSO) units; floating storage and off-take (FSO) units; units for maintenance and safety (UMS); long-distance towing and offshore installation vessels, and conventional crude oil tankers.

5 Day Chart for NYSE:TOO

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