Surge Energy Inc (TSE:SGY) had its target price cut by National Bank Financial from C$3.25 to C$3.00 in a research note issued to investors on Friday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 47.06% from the stock’s current price.
About Surge Energy
Surge Energy Inc engages in the exploration, development, and production of oil and gas properties in western Canada. The company holds working interests in the Valhalla/Wembley and Nipisi properties located in northwestern Alberta; the Windfall property located in western Alberta; and the Nevis property located to the east of Red Deer, Alberta covering an area of approximately 122,113 net developed acres.
Receive News & Ratings for Surge Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Surge Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.