Shares of Logan Energy Corp. (CVE:LGN – Get Free Report) have earned an average rating of “Buy” from the six research firms that are covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is C$1.50.
A number of brokerages have weighed in on LGN. National Bank Financial raised Logan Energy to a “strong-buy” rating in a research report on Thursday, October 3rd. National Bankshares set a C$1.50 price objective on shares of Logan Energy and gave the stock an “outperform” rating in a research note on Friday, October 4th. Cormark upgraded shares of Logan Energy to a “moderate buy” rating in a report on Thursday, October 24th. CIBC reduced their price target on shares of Logan Energy from C$1.75 to C$1.50 and set an “outperform” rating for the company in a report on Tuesday, October 8th. Finally, Scotiabank dropped their price objective on shares of Logan Energy from C$1.85 to C$1.75 in a research note on Friday, January 17th.
Check Out Our Latest Analysis on Logan Energy
Logan Energy Stock Performance
Logan Energy Company Profile
Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.
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