Tamarack-Valley-Energy-Ltd (TVE) Price Target Increased to C$3.75 by Analysts at Raymond James Financial, Inc.

Tamarack-Valley-Energy-Ltd (TSE:TVE) had its target price raised by Raymond James Financial, Inc. from C$3.50 to C$3.75 in a report published on Monday. The firm currently has an outperform rating on the oil and natural gas company’s stock.

Other research analysts also recently issued research reports about the stock. Royal Bank Of Canada dropped their target price on shares of Tamarack-Valley-Energy-Ltd from C$4.00 to C$3.50 and set a sector perform rating on the stock in a report on Tuesday, May 16th. Canaccord Genuity downgraded shares of Tamarack-Valley-Energy-Ltd from a buy rating to a hold rating and dropped their target price for the stock from C$4.00 to C$2.50 in a report on Tuesday, July 11th.

Shares of Tamarack-Valley-Energy-Ltd (TSE TVE) opened at 2.41 on Monday. The company has a 50-day moving average price of $2.26 and a 200 day moving average price of $2.47. The firm’s market capitalization is $548.64 million. Tamarack-Valley-Energy-Ltd has a one year low of $1.96 and a one year high of $3.89.

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In other Tamarack-Valley-Energy-Ltd news, insider Gmt Capital Corp bought 21,700 shares of the firm’s stock in a transaction dated Monday, July 24th. The shares were acquired at an average cost of C$1.85 per share, for a total transaction of C$40,145.00. In the last 90 days, insiders have bought 242,900 shares of company stock worth $422,432.

About Tamarack-Valley-Energy-Ltd

Tamarack Valley Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan.

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