Logan Energy (CVE:LGN) Given a C$1.50 Price Target at Royal Bank Of Canada

Logan Energy (CVE:LGNGet Free Report) received a C$1.50 price objective from investment analysts at Royal Bank Of Canada in a research report issued on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 50.00% from the stock’s previous close.

LGN has been the topic of a number of other research reports. National Bank Financial boosted their target price on shares of Logan Energy from C$1.50 to C$1.75 and gave the company an “outperform” rating in a report on Tuesday, July 7th. Scotiabank raised shares of Logan Energy to a “strong-buy” rating in a report on Friday, June 26th. Two research analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$1.38.

Read Our Latest Analysis on Logan Energy

Logan Energy Stock Up 7.5%

Shares of Logan Energy stock traded up C$0.07 on Monday, hitting C$1.00. The stock had a trading volume of 347,992 shares, compared to its average volume of 684,725. The stock’s 50-day simple moving average is C$0.91 and its two-hundred day simple moving average is C$0.89. Logan Energy has a one year low of C$0.71 and a one year high of C$1.08. The stock has a market cap of C$691.58 million, a price-to-earnings ratio of 25.00 and a beta of -0.05.

Logan Energy Company Profile

(Get Free Report)

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.

Featured Articles

Analyst Recommendations for Logan Energy (CVE:LGN)

Receive News & Ratings for Logan Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Logan Energy and related companies with MarketBeat.com's FREE daily email newsletter.