Analysts at Dundee Securities started coverage on shares of Legacy Oil Plus Gas (TSE: LEG) in a research report issued to clients and investors on Monday. The firm set a “buy” rating on the stock.
A number of other analysts have also recently weighed in on LEG. Analysts at Raymond James reiterated an “outperform” rating on shares of Legacy Oil Plus Gas in a research note to investors on Thursday, February 14th. They now have a $11.50 price target on the stock. Separately, analysts at CIBC reiterated an “outperform” rating on shares of Legacy Oil Plus Gas in a research note to investors on Wednesday, February 13th. They now have a $9.75 price target on the stock. Finally, analysts at CIBC raised their price target on shares of Legacy Oil Plus Gas from $9.25 to $9.75 in a research note to investors on Tuesday, January 22nd.
Shares of Legacy Oil Plus Gas traded down 3.56% during mid-day trading on Monday, hitting $5.96. Legacy Oil Plus Gas has a 52 week low of $4.80 and a 52 week high of $11.26. The stock’s 50-day moving average is currently $6.97. The company has a market cap of $854.3 million and a P/E ratio of 88.29.
Legacy Oil + Gas Inc. (Legacy) is engaged in exploration, exploitation and development drilling for oil and natural gas reserves.
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