Torc Oil And Gas Ltd (TOG) Price Target Cut to C$7.75
Torc Oil And Gas Ltd (TSE:TOG) had its price target cut by analysts at National Bank Financial from C$8.25 to C$7.75 in a research report issued on Friday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 30.47% from the stock’s previous close.
Separately, Royal Bank Of Canada upped their price objective on Torc Oil And Gas from C$7.00 to C$10.00 in a report on Thursday, July 20th. Five investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of C$10.14.
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In other Torc Oil And Gas news, insider Michael Wihak sold 44,976 shares of the company’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of C$5.42, for a total value of C$243,769.92. Also, Director Dale Orest Shwed sold 6,946 shares of the company’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of C$5.42, for a total value of C$37,647.32.
Torc Oil And Gas Company Profile
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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