National Bank Financial Cuts Surge Energy Inc (SGY) Price Target to C$3.00

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.

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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.

Analyst Recommendations for Surge Energy (TSE:SGY)

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