Raymond James reiterated their strong-buy rating on shares of Delphi Energy (TSE:DEE) in a research report sent to investors on Wednesday morning, Analyst Ratings Network reports.
Raymond James has also taken action a number of other stocks recently. The firm downgraded shares of Methanex Corporation from an outperform rating to a market perform rating. Their analysts now have a $68.00 price target on that stock. Also, Raymond James raised its price target on shares of Energy Transfer from $72.00 to $83.00. Finally, Raymond James initiated coverage on shares of Agrium. They issued an outperform rating on that stock and set a $106.00 price target.
Shares of Delphi Energy (TSE:DEE) opened at 1.55 on Wednesday. Delphi Energy has a one year low of $0.95 and a one year high of $1.76. The stock’s 50-day moving average is $1.5 and its 200-day moving average is $1.50. The company’s market cap is $237.5 million.
Delphi Energy (TSE:DEE) last released its earnings data on Wednesday, November 13th. The company reported $0.06 earnings per share for the quarter. On average, analysts predict that Delphi Energy will post $0.03 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on DEE. Analysts at Jennings Capital initiated coverage on shares of Delphi Energy in a research note to investors on Monday. They set a buy rating and a C$2.75 price target on the stock. Analysts at CIBC reiterated a sector perform rating on shares of Delphi Energy in a research note to investors on Friday, October 4th. They now have a C$1.75 price target on the stock. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Delphi Energy presently has an average rating of Buy and an average price target of C$2.20.
Delphi Energy Corp. (TSE:DEE) is an oil and gas company operating in Alberta, Canada.
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