Logan Energy (CVE:LGN - Get Free Report) was upgraded by Cormark to a "moderate buy" rating in a note issued to investors on Thursday, Zacks.com reports.
LGN has been the subject of a number of other reports. CIBC decreased their price objective on Logan Energy from C$1.75 to C$1.50 and set an "outperform" rating for the company in a research note on Tuesday, October 8th. National Bankshares set a C$1.50 target price on Logan Energy and gave the company an "outperform" rating in a research note on Friday, October 4th. Finally, National Bank Financial raised Logan Energy to a "strong-buy" rating in a research note on Thursday, October 3rd. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$1.41.
View Our Latest Analysis on LGN
Logan Energy Trading Up 2.6 %
Shares of LGN traded up C$0.02 on Thursday, reaching C$0.79. 42,600 shares of the company's stock were exchanged, compared to its average volume of 224,505. The stock has a market capitalization of C$421.88 million and a P/E ratio of -89.50. The business has a 50 day moving average price of C$0.81 and a two-hundred day moving average price of C$0.85. Logan Energy has a 12 month low of C$0.73 and a 12 month high of C$1.02.
About Logan Energy
(
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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.
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