Leucrotta Exploration (LXE) Price Target Raised to C$2.25

Leucrotta Exploration (CVE:LXE) had its price target hoisted by National Bank Financial from C$2.00 to C$2.25 in a research note issued to investors on Tuesday morning. National Bank Financial currently has an outperform rating on the oil and natural gas company’s stock.

Other equities research analysts have also issued reports about the stock. BMO Capital Markets set a C$2.00 price objective on shares of Leucrotta Exploration and gave the stock a market perform rating in a report on Wednesday, October 25th. Eight Capital set a C$2.10 price objective on shares of Leucrotta Exploration and gave the stock a neutral rating in a report on Wednesday, September 27th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of C$2.49.

Shares of Leucrotta Exploration (CVE LXE) opened at C$1.72 on Tuesday. Leucrotta Exploration has a twelve month low of C$1.43 and a twelve month high of C$2.55. The firm has a market cap of $332.81, a price-to-earnings ratio of -57.33 and a beta of 0.95.

In other Leucrotta Exploration news, insider Gmt Capital Corp purchased 1,364,500 shares of the stock in a transaction on Tuesday, October 24th. The shares were purchased at an average cost of C$1.22 per share, for a total transaction of C$1,664,690.00.

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