Analysts Set Leucrotta Exploration Inc (LXE) Target Price at $2.49

Shares of Leucrotta Exploration Inc (CVE:LXE) have been assigned a consensus recommendation of “Buy” from the eight brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$2.49.

Several analysts have recently commented on LXE shares. Eight Capital decreased their target price on Leucrotta Exploration from C$2.10 to C$1.80 in a report on Wednesday, October 25th. BMO Capital Markets set a C$2.00 target price on Leucrotta Exploration and gave the stock a “market perform” rating in a report on Wednesday, October 25th. Finally, National Bank Financial increased their target price on Leucrotta Exploration from C$2.00 to C$2.25 and gave the stock an “outperform” rating in a report on Tuesday, January 9th.

Shares of Leucrotta Exploration (CVE:LXE) opened at C$1.62 on Friday. Leucrotta Exploration has a 1 year low of C$1.43 and a 1 year high of C$2.55. The firm has a market capitalization of $324.79, a price-to-earnings ratio of -54.00 and a beta of 0.83.

Leucrotta Exploration (CVE:LXE) last announced its earnings results on Wednesday, November 29th. The oil and natural gas company reported C($0.01) EPS for the quarter, hitting the consensus estimate of C($0.01). Leucrotta Exploration had a negative return on equity of 2.08% and a negative net margin of 28.53%.

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Leucrotta Exploration Company Profile

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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