Cormark upgraded shares of Logan Energy (CVE:LGN - Free Report) to a moderate buy rating in a report released on Thursday,Zacks.com reports. Cormark also issued estimates for Logan Energy's FY2026 earnings at $0.12 EPS.
Separately, Scotiabank reduced their price objective on shares of Logan Energy from C$1.85 to C$1.75 in a report on Friday, January 17th. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of C$1.50.
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Logan Energy Price Performance
Shares of CVE LGN traded up C$0.02 during trading hours on Thursday, reaching C$0.69. The stock had a trading volume of 62,942 shares, compared to its average volume of 306,200. The company has a market cap of C$398.76 million and a price-to-earnings ratio of 19.96. Logan Energy has a twelve month low of C$0.58 and a twelve month high of C$0.97. The business's fifty day moving average is C$0.67 and its two-hundred day moving average is C$0.73.
Logan Energy Company Profile
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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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