Logan Energy (CVE:LGN) Upgraded at Roth Capital

Roth Capital upgraded shares of Logan Energy (CVE:LGN) to a strong-buy rating in a research report sent to investors on Sunday morning,Zacks.com reports.

Separately, Cormark upgraded Logan Energy to a “moderate buy” rating in a research report on Thursday, March 20th. Two research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Strong Buy” and an average price target of C$1.49.

Logan Energy Trading Up 6.1%

Shares of LGN opened at C$0.70 on Friday. The firm has a market cap of C$404.54 million and a price-to-earnings ratio of 20.25. The stock has a 50 day moving average of C$0.62 and a 200-day moving average of C$0.64. Logan Energy has a 52 week low of C$0.49 and a 52 week high of C$0.94.

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.