Delphi Energy Price Target Increased to C$2.25 by Analysts at Scotiabank (DEE)
Investment analysts at Scotiabank increased their price objective on shares of Delphi Energy (TSE:DEE) from C$2.00 to C$2.25 in a note issued to investors on Tuesday, StockRatingsNetwork reports. The firm currently has a “sector perform” rating on the stock. Scotiabank’s target price suggests a potential upside of 6.64% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Raymond James reiterated a “strong-buy” rating on shares of Delphi Energy in a research note to investors on Wednesday, November 27th. Finally, analysts at Jennings Capital initiated coverage on shares of Delphi Energy in a research note to investors on Monday, November 25th. They set a “buy” rating and a C$2.75 price target on the stock. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of C$2.25.
Delphi Energy (TSE:DEE) traded down 0.47% during mid-day trading on Tuesday, hitting $2.10. The stock had a trading volume of 609,336 shares. Delphi Energy has a 52 week low of $0.99 and a 52 week high of $2.22. The stock has a 50-day moving average of $1.88 and a 200-day moving average of $1.63. The company’s market cap is $321.7 million.
Delphi Energy (TSE:DEE) last posted its quarterly earnings results on Wednesday, November 13th. The company reported $0.06 earnings per share (EPS) for the quarter. Analysts expect that Delphi Energy will post $0.02 EPS for the current fiscal year.
Delphi Energy Corp. (TSE:DEE) is an oil and gas company operating in Alberta, Canada.
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