Legacy Oil + Gas Given Average Rating of “Buy” by Analysts (TSE:LEG)
Shares of Legacy Oil + Gas (TSE:LEG) have been given a consensus recommendation of “Buy” by the twelve brokerages that are currently covering the company, StockRatingsNetwork reports. One analyst has rated the stock with a hold recommendation, seven have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$9.78.
Legacy Oil + Gas (TSE:LEG) traded up 3.28% on Wednesday, hitting $6.29. The stock had a trading volume of 685,935 shares. Legacy Oil + Gas has a 1-year low of $4.81 and a 1-year high of $7.40. The stock has a 50-day moving average of $5.89 and a 200-day moving average of $6.29. The company’s market cap is $989.0 million.
LEG has been the subject of a number of recent research reports. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Legacy Oil + Gas in a research note on Wednesday, December 18th. Analysts at Desjardins initiated coverage on shares of Legacy Oil + Gas in a research note on Monday, November 25th. They set a “top pick” rating on the stock.
Legacy Oil + Gas Inc (TSE:LEG) is engaged in exploration, exploitation and development drilling for oil and natural gas reserves.
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