Desjardins Analysts Give Spartan Delta (TSE:SDE) a C$13.50 Price Target

Posted by George Bondi on Jul 20th, 2026

Desjardins set a C$13.50 price objective on Spartan Delta (TSE:SDE – Free Report) in a research report released on Friday, Marketbeat Ratings reports. The firm currently has a hold rating on the stock.

Several other equities analysts have also recently issued reports on the company. ATB Cormark Capital Markets raised Spartan Delta from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from C$13.25 to C$17.00 in a research report on Wednesday, May 6th. National Bank Financial upped their price target on Spartan Delta from C$15.50 to C$16.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Ventum Capital increased their price objective on Spartan Delta from C$14.50 to C$15.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. BMO Capital Markets boosted their target price on Spartan Delta from C$13.50 to C$16.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Finally, TD upped their target price on shares of Spartan Delta from C$14.00 to C$16.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Spartan Delta presently has an average rating of “Buy” and a consensus target price of C$13.75.

View Our Latest Stock Analysis on Spartan Delta

Spartan Delta Price Performance

Shares of Spartan Delta stock opened at C$11.48 on Friday. The company has a debt-to-equity ratio of 39.96, a quick ratio of 0.66 and a current ratio of 0.58. The stock has a market capitalization of C$2.33 billion, a PE ratio of 37.03 and a beta of 0.24. Spartan Delta has a 52-week low of C$4.43 and a 52-week high of C$14.40. The company has a 50-day simple moving average of C$12.05 and a two-hundred day simple moving average of C$11.08.

Spartan Delta (TSE:SDE – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported C($0.07) EPS for the quarter. The firm had revenue of C$136.90 million for the quarter. Spartan Delta had a net margin of 14.14% and a return on equity of 9.84%. On average, analysts anticipate that Spartan Delta will post 0.305004 EPS for the current fiscal year.

Insider Buying and Selling at Spartan Delta

In related news, insider Robert John Day sold 6,191 shares of Spartan Delta stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of C$11.91, for a total value of C$73,734.81. Following the completion of the sale, the insider owned 90,284 shares of the company’s stock, valued at C$1,075,282.44. The trade was a 6.42% decrease in their ownership of the stock. Also, insider Ojay Platt sold 5,582 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of C$13.04, for a total value of C$72,789.28. Following the sale, the insider owned 122,307 shares of the company’s stock, valued at approximately C$1,594,883.28. This trade represents a 4.36% decrease in their position. Insiders have sold a total of 14,163 shares of company stock worth $177,690 over the last three months. Insiders own 12.43% of the company’s stock.

About Spartan Delta

(Get Free Report)

Spartan is committed to creating value for its shareholders, focused on sustainability in both operations and financial performance. The Company’s culture is centered on generating Free Funds Flow through responsible oil and gas exploration and development. The Company has established a portfolio of high-quality production and development opportunities in the Deep Basin and the Duvernay. Spartan will continue to focus on the execution of the Company’s organic drilling program across its portfolio, delivering operational synergies in a respectful and responsible manner in relation to the environment and communities it operates in.