CIBC set a C$1.50 price objective on Logan Energy (CVE:LGN – Free Report) in a research report sent to investors on Monday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.
Other research analysts have also issued research reports about the company. Raymond James set a C$1.50 target price on Logan Energy and gave the company an outperform rating in a report on Wednesday, August 16th. National Bankshares set a C$1.35 target price on Logan Energy and gave the company an outperform rating in a report on Thursday, July 20th. Eight Capital set a C$2.20 price objective on Logan Energy and gave the stock a buy rating in a report on Wednesday, August 2nd. Finally, TD Securities set a C$1.40 price objective on Logan Energy and gave the stock a buy rating in a report on Tuesday, August 22nd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Logan Energy has an average rating of Buy and a consensus price target of C$1.59.
Logan Energy Price Performance
Logan Energy (CVE:LGN – Get Free Report) last released its earnings results on Friday, August 11th. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$13.70 million during the quarter, compared to the consensus estimate of C$14.20 million.
Logan Energy Company Profile
Logan Energy Corp. engages in the acquisition, exploration, and production of oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.
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