Torc Oil And Gas Ltd (TSE:TOG) had its price objective hoisted by National Bank Financial from C$7.75 to C$8.25 in a research note issued to investors on Thursday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 48.65% from the stock’s current price.
Separately, Royal Bank Of Canada upped their target price on shares of Torc Oil And Gas from C$7.00 to C$10.00 in a report on Thursday, July 20th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$10.21.
Shares of Torc Oil And Gas (TOG) traded up 0.36% during midday trading on Thursday, hitting $5.57. The company had a trading volume of 419,211 shares. The firm’s market capitalization is $1.04 billion. The stock has a 50 day moving average price of $5.14 and a 200 day moving average price of $6.22. Torc Oil And Gas has a 1-year low of $4.43 and a 1-year high of $8.91.
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About Torc Oil And Gas
TORC Oil and Gas Ltd. (TORC), formerly Vero Energy Inc (Vero), is a Canada-based company. The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas assets.The Company is engaged in drilling activities. TORC uses its technical, technological and industry knowledge to evaluate potential hydrocarbon .
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