Trade Report: The Torc Oil And Gas Ltd (TOG) Receives Consensus Recommendation of “Buy” from Analysts

The Torc Oil And Gas Ltd (TOG) Receives Consensus Recommendation of “Buy” from Analysts

Torc Oil And Gas Ltd (TSE:TOG) has been given an average recommendation of “Buy” by the twelve ratings firms that are currently covering the stock. One research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$8.70.

A number of equities analysts have recently commented on the stock. TD Securities restated a “buy” rating and set a C$10.50 price objective on shares of Torc Oil And Gas in a research note on Wednesday, August 17th. Scotiabank reduced their price objective on shares of Torc Oil And Gas from C$10.25 to C$9.75 and set an “outperform” rating for the company in a research note on Wednesday, August 17th. Dundee Securities downgraded shares of Torc Oil And Gas from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 9th. Finally, CIBC increased their price objective on shares of Torc Oil And Gas from C$8.50 to C$9.50 in a research note on Wednesday, October 19th.

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