Shares of Torc Oil And Gas Ltd (TSE:TOG) have earned an average rating of “Buy” from the nine ratings firms that are covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$9.13.
A number of equities analysts have commented on TOG shares. Royal Bank Of Canada lifted their price objective on shares of Torc Oil And Gas from C$7.00 to C$8.00 and gave the stock an “outperform” rating in a report on Monday, November 6th. TD Securities lifted their price objective on shares of Torc Oil And Gas from C$8.00 to C$8.50 and gave the stock a “buy” rating in a report on Monday, November 6th. Raymond James Financial reaffirmed an “outperform” rating and issued a C$7.50 price objective on shares of Torc Oil And Gas in a report on Monday. Finally, National Bank Financial decreased their price objective on shares of Torc Oil And Gas from C$8.25 to C$7.75 and set an “outperform” rating for the company in a report on Friday, October 13th.
Torc Oil And Gas (TSE:TOG) traded down C$0.13 during trading on Monday, reaching C$6.78. 760,721 shares of the company’s stock were exchanged, compared to its average volume of 862,685. Torc Oil And Gas has a 1 year low of C$4.43 and a 1 year high of C$8.80.
In other Torc Oil And Gas news, insider Michael Wihak sold 44,976 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of C$5.42, for a total value of C$243,769.92. Also, Director Dale Orest Shwed sold 6,946 shares of the firm’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of C$5.42, for a total value of C$37,647.32.
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About Torc Oil And Gas
TORC Oil and Gas Ltd. (TORC), formerly Vero Energy Inc (Vero), is a Canada-based company. The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas assets.The Company is engaged in drilling activities. TORC uses its technical, technological and industry knowledge to evaluate potential hydrocarbon .
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