Tamarack-Valley-Energy (TVE) PT Raised to C$4.25

Tamarack-Valley-Energy (CVE:TVE) had its price target boosted by investment analysts at BMO Capital Markets from C$3.50 to C$4.25 in a report issued on Tuesday. The firm currently has an “outperform” rating on the stock.

Several other analysts also recently issued reports on TVE. Royal Bank of Canada boosted their target price on shares of Tamarack-Valley-Energy from C$2.75 to C$3.25 and gave the company a “sector perform” rating in a research note on Thursday, November 30th. National Bank Financial boosted their target price on shares of Tamarack-Valley-Energy from C$3.75 to C$4.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Laurentian boosted their target price on shares of Tamarack-Valley-Energy from C$4.25 to C$4.75 in a research note on Friday, October 6th. Laurentian Bank of Canada boosted their target price on shares of Tamarack-Valley-Energy from C$4.25 to C$4.75 in a research note on Friday, October 6th. Finally, Raymond James Financial boosted their target price on shares of Tamarack-Valley-Energy from C$3.50 to C$3.75 and gave the company an “outperform” rating in a research note on Thursday, November 9th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Tamarack-Valley-Energy has an average rating of “Buy” and a consensus price target of C$3.89.

Tamarack-Valley-Energy has a 12 month low of C$2.11 and a 12 month high of C$7.85.

In related news, insider Gmt Capital Corp purchased 16,700 shares of the stock in a transaction dated Thursday, October 19th. The shares were acquired at an average cost of C$2.04 per share, for a total transaction of C$34,068.00. Also, insider Ronald Steve Hozjan sold 20,000 shares of the business’s stock in a transaction 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. Over the last 90 days, insiders have bought 93,800 shares of company stock worth $205,914 and have sold 78,400 shares worth $210,960.

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Tamarack-Valley-Energy Company Profile

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)

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