CIBC Boosts Leucrotta Exploration (LXE) Price Target to C$2.10

Leucrotta Exploration (CVE:LXE) had its price objective hoisted by CIBC from C$1.80 to C$2.10 in a report released on Tuesday morning.

Other equities research analysts also recently issued reports about the stock. Eight Capital upped their price objective on shares of Leucrotta Exploration from C$1.30 to C$1.60 in a report on Tuesday, February 27th. National Bank Financial upped their price objective on shares of Leucrotta Exploration from C$2.00 to C$2.25 and gave the company an outperform rating in a report on Tuesday, January 9th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of C$2.41.

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Shares of Leucrotta Exploration (CVE:LXE) opened at C$1.52 on Tuesday. The company has a market cap of $296.77, a PE ratio of -50.67 and a beta of 0.90. Leucrotta Exploration has a fifty-two week low of C$1.40 and a fifty-two week high of C$2.55.

In related news, insider Robert John Zakresky purchased 200,000 shares of the firm’s stock in a transaction dated Friday, March 2nd. The shares were purchased at an average cost of C$1.45 per share, for a total transaction of C$290,000.00.

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About Leucrotta Exploration

Leucrotta Exploration Inc engages in the exploration, development, and production of oil and natural gas reserves in Canada. As of April 6, 2017, the company had interests in approximately 100,500 gross acres of undeveloped land in the Dawson-Sunrise area of northeast British Columbia. Leucrotta Exploration Inc was incorporated in 2014 and is headquartered in Calgary, Canada.

Analyst Recommendations for Leucrotta Exploration (CVE:LXE)

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