Logan Energy (CVE:LGN) Upgraded at Atb Cap Markets

Atb Cap Markets upgraded shares of Logan Energy (CVE:LGN) to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, ATB Capital set a C$1.20 target price on shares of Logan Energy and gave the stock an “outperform” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Strong Buy” and a consensus price target of C$1.38.

Logan Energy Stock Up 1.2%

Shares of Logan Energy stock opened at C$0.84 on Monday. Logan Energy has a 12 month low of C$0.49 and a 12 month high of C$0.90. The stock has a market cap of C$500.37 million, a PE ratio of 21.00 and a beta of 5.15. The business has a fifty day simple moving average of C$0.81 and a 200-day simple moving average of C$0.74.

About Logan Energy

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.