Shares of Logan Energy Corp. (CVE:LGN – Get Free Report) have earned a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$1.55.
Several research firms have recently issued reports on LGN. TD Securities upped their target price on shares of Logan Energy from C$1.40 to C$1.50 and gave the stock a “buy” rating in a research note on Tuesday, March 19th. Raymond James decreased their price objective on shares of Logan Energy from C$1.50 to C$1.20 and set an “outperform” rating for the company in a research note on Friday, January 19th. National Bankshares boosted their target price on Logan Energy from C$1.35 to C$1.50 and gave the stock an “outperform” rating in a research note on Wednesday, January 10th. Scotiabank decreased their price target on Logan Energy from C$1.90 to C$1.50 and set a “sector perform” rating for the company in a research report on Tuesday, January 16th. Finally, BMO Capital Markets set a C$1.25 price objective on Logan Energy and gave the stock an “outperform” rating in a research report on Tuesday, April 9th.
View Our Latest Research Report on Logan Energy
Logan Energy Price Performance
Logan Energy (CVE:LGN – Get Free Report) last posted its earnings results on Monday, March 18th. The company reported C$0.02 earnings per share for the quarter. The company had revenue of C$28.65 million for the quarter. Logan Energy had a negative return on equity of 25.05% and a negative net margin of 46.48%. As a group, sell-side analysts expect that Logan Energy will post 0.0200213 EPS for the current year.
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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