Roth Capital upgraded shares of Logan Energy (CVE:LGN - Free Report) to a strong-buy rating in a report published on Sunday,Zacks.com reports.
Separately, Cormark raised Logan Energy to a "moderate buy" rating in a research note on Thursday, March 20th. Two analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Strong Buy" and a consensus target price of C$1.49.
Check Out Our Latest Stock Analysis on LGN
Logan Energy Trading Up 6.1%
LGN traded up C$0.04 on Friday, reaching C$0.70. The company had a trading volume of 1,001,278 shares, compared to its average volume of 320,972. The company has a market capitalization of C$404.54 million and a P/E ratio of 20.25. The company has a fifty day moving average of C$0.62 and a 200-day moving average of C$0.64. Logan Energy has a one year low of C$0.49 and a one year high of C$0.94.
About Logan Energy
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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.
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