Torc Oil And Gas Ltd (TOG) Given New C$8.00 Price Target at Royal Bank Of Canada
Torc Oil And Gas Ltd (TSE:TOG) had its price objective upped by Royal Bank Of Canada from C$7.00 to C$8.00 in a research report sent to investors on Monday. The brokerage currently has an outperform rating on the stock.
Other equities analysts also recently issued research reports about the company. TD Securities upped their price target on Torc Oil And Gas from C$8.00 to C$8.50 and gave the stock a buy rating in a research report on Monday. National Bank Financial upped their price target on Torc Oil And Gas from C$7.75 to C$8.25 and gave the stock an outperform rating in a research report on Thursday, August 3rd. Five equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and a consensus target price of C$9.36.
Torc Oil And Gas (TSE TOG) traded down C$0.15 during midday trading on Monday, reaching C$7.20. The company had a trading volume of 799,567 shares, compared to its average volume of 900,048. Torc Oil And Gas has a twelve month low of C$4.43 and a twelve month high of C$8.91.
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In related news, Director Dale Orest Shwed sold 6,946 shares of the 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$37,647.32. Also, insider Michael Wihak sold 44,976 shares of the 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$243,769.92.
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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