Tamarack-Valley-Energy (CVE:TVE) had its target price increased by CIBC from C$3.00 to C$3.75 in a report released on Tuesday.

Several other research firms have also commented on TVE. BMO Capital Markets raised shares of Tamarack-Valley-Energy from a “market perform” rating to an “outperform” rating and lifted their price target for the company from C$3.50 to C$4.25 in a research report on Monday, December 4th. National Bank Financial lifted their price target on shares of Tamarack-Valley-Energy from C$4.00 to C$4.50 and gave the company an “outperform” rating in a research report on Tuesday, January 16th. GMP Securities lifted their price target on shares of Tamarack-Valley-Energy from C$4.25 to C$4.50 in a research report on Tuesday, January 16th. Laurentian Bank of Canada lifted their price target on shares of Tamarack-Valley-Energy from C$4.25 to C$4.75 in a research report on Friday, October 6th. Finally, Laurentian lifted their price target on shares of Tamarack-Valley-Energy from C$4.25 to C$4.75 in a research report on Friday, October 6th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Tamarack-Valley-Energy currently has an average rating of “Buy” and an average target price of C$4.15.

Tamarack-Valley-Energy has a 1 year low of C$2.11 and a 1 year high of C$7.85.

In related news, insider Ken Cruikshank sold 18,400 shares of Tamarack-Valley-Energy stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of C$2.65, for a total value of C$48,760.00. Also, insider Ronald Steve Hozjan sold 20,000 shares of Tamarack-Valley-Energy stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of C$2.81, for a total transaction of C$56,200.00. Insiders sold a total of 78,400 shares of company stock valued at $210,960 in the last quarter.

COPYRIGHT VIOLATION NOTICE: This story was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.thecerbatgem.com/2018/01/23/tamarack-valley-energy-tve-pt-raised-to-c3-75.html.

About Tamarack-Valley-Energy

Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant.

Analyst Recommendations for Tamarack-Valley-Energy (CVE:TVE)

Receive News & Ratings for Tamarack-Valley-Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tamarack-Valley-Energy and related companies with MarketBeat.com's FREE daily email newsletter.