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WesternZagros Resources (CVE:WZR) was downgraded by stock analysts at TD Securities from a “speculative buy” rating to a “hold” rating in a report issued on Friday. They currently have a C$1.30 target price on the stock, down from their previous target price of C$1.60. TD Securities’ price target points to a potential upside of 25.00% from the company’s current price.

WesternZagros Resources (CVE:WZR) last posted its quarterly earnings results on Thursday, May 22nd. The company reported $0.01 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.02.

WesternZagros Resources Ltd.(CVE:WZR) is an international oil and gas company engaged in acquiring properties and exploring for, developing and producing crude oil and natural gas in Iraq.

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