Shares of Logan Energy Corp. (CVE:LGN - Get Free Report) have received an average rating of "Buy" from the seven analysts that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$1.41.
Several research firms recently weighed in on LGN. Cormark raised Logan Energy to a "moderate buy" rating in a report on Thursday, October 24th. CIBC reduced their price target on Logan Energy from C$1.75 to C$1.50 and set an "outperform" rating on the stock in a report on Tuesday, October 8th. National Bank Financial raised shares of Logan Energy to a "strong-buy" rating in a report on Thursday, October 3rd. Finally, National Bankshares set a C$1.50 price target on shares of Logan Energy and gave the company an "outperform" rating in a research note on Friday, October 4th.
Read Our Latest Report on Logan Energy
Logan Energy Price Performance
CVE:LGN traded up C$0.01 during trading hours on Friday, hitting C$0.80. The company's stock had a trading volume of 125,170 shares, compared to its average volume of 223,146. The company has a market capitalization of C$427.22 million and a P/E ratio of -89.50. Logan Energy has a twelve month low of C$0.73 and a twelve month high of C$0.97. The stock has a fifty day simple moving average of C$0.78 and a 200-day simple moving average of C$0.84.
About Logan Energy
(
Get Free ReportLogan 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.
Further Reading
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