Strategic Oil & Gas Receives Average Rating of “Hold” from Brokerages (CVE:SOG)
Strategic Oil & Gas (CVE:SOG) has received an average recommendation of “Hold” from the eight analysts that are presently covering the company, AR Network reports. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$0.71.
SOG has been the subject of a number of recent research reports. Analysts at National Bank Financial downgraded shares of Strategic Oil & Gas from a “sector perform” rating to an “underperform” rating in a research note on Friday. They now have a C$0.40 price target on the stock, down previously from C$0.55. Separately, analysts at NBF downgraded shares of Strategic Oil & Gas from a “sector perform” rating to an “underperform” rating in a research note on Friday. Finally, analysts at Dundee Securities reiterated a “buy” rating on shares of Strategic Oil & Gas in a research note on Thursday. They now have a C$0.60 price target on the stock.
Strategic Oil & Gas (CVE:SOG) last issued its quarterly earnings data on Wednesday, April 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.02.
Strategic Oil & Gas Ltd. (CVE:SOG) is engaged in the exploration for and development of petroleum and natural gas reserves in Western Canada and, to a limited extent, the Western United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.