Logan Energy (CVE:LGN) PT Set at C$1.75 by National Bank Financial

Logan Energy (CVE:LGN) received a C$1.75 price target from stock analysts at National Bank Financial in a research report issued on Wednesday, BayStreet reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 54.87% from the stock’s previous close.

LGN has been the topic of several other research reports. Royal Bank Of Canada set a C$1.50 target price on shares of Logan Energy and gave the stock a “moderate buy” rating in a report on Monday, August 10th. Scotiabank raised shares of Logan Energy to a “strong-buy” rating in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat, Logan Energy presently has a consensus rating of “Buy” and a consensus target price of C$1.38.

Logan Energy Stock Down 3.4%

Logan Energy stock opened at C$1.13 on Wednesday. Logan Energy has a twelve month low of C$0.74 and a twelve month high of C$1.22. The company has a market capitalization of C$781.53 million, a P/E ratio of 18.83 and a beta of -0.02. The stock’s 50 day moving average is C$1.10 and its 200 day moving average is C$0.98.

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.