Scotiabank Reiterates C$2.75 Price Target for TransGlobe Energy (TGL)

Scotiabank set a C$2.75 price objective on TransGlobe Energy (TSE:TGL) (NYSE:TGA) in a report issued on Thursday, December 21st. The firm currently has a sector perform rating on the stock.

Shares of TransGlobe Energy (TSE TGL) opened at C$1.82 on Thursday. The company has a market capitalization of $131.12, a P/E ratio of -0.95 and a beta of 0.48. TransGlobe Energy has a 52-week low of C$1.30 and a 52-week high of C$2.42.

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About TransGlobe Energy

TransGlobe Energy Corporation is an oil exploration and production company. The Company’s activities are concentrated in the Arab Republic of Egypt (Egypt). The Company conducts its operations through the Arab Republic of Egypt segment. The Company is primarily engaged in oil exploration, development, production and the acquisition of properties.

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