Leucrotta Exploration Inc (LXE) Receives Consensus Recommendation of “Buy” from Brokerages
Leucrotta Exploration Inc (CVE:LXE) has been given a consensus rating of “Buy” by the seven analysts that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$2.65.
LXE has been the subject of a number of research analyst reports. Eight Capital set a C$2.10 price objective on shares of Leucrotta Exploration and gave the company a “neutral” rating in a research report on Wednesday. Raymond James Financial, Inc. cut their price objective on shares of Leucrotta Exploration from C$3.00 to C$2.90 and set an “outperform” rating for the company in a research report on Friday, June 2nd. Finally, BMO Capital Markets set a C$2.25 price objective on shares of Leucrotta Exploration and gave the company a “market perform” rating in a research report on Wednesday, August 30th.
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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