Legacy Oil Plus Gas (LEG) Posts Quarterly Earnings, Beats Expectations By $0.04 EPS
Legacy Oil Plus Gas (TSE:LEG) issued its quarterly earnings data on Wednesday. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.07 by $0.04, AnalystRatings.Net reports.
LEG has been the subject of a number of recent research reports. Analysts at TD Securities cut their price target on shares of Legacy Oil Plus Gas from C$13.00 to C$12.50 in a research note on Tuesday. They now have a “buy” rating on the stock. On the ratings front, analysts at CIBC raised their price target on shares of Legacy Oil Plus Gas from C$9.25 to C$10.00 in a research note on Thursday, July 17th. They now have a “sector perform” rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Legacy Oil Plus Gas from C$10.00 to C$12.00 in a research note on Wednesday, June 25th. They now have an “outperform” rating on the stock. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Legacy Oil Plus Gas presently has an average rating of “Buy” and a consensus target price of C$11.48.
Legacy Oil Plus Gas (TSE:LEG) opened at 7.87 on Wednesday. Legacy Oil Plus Gas has a 52-week low of $5.45 and a 52-week high of $10.03. The stock’s 50-day moving average is $8.78 and its 200-day moving average is $7.89. The company’s market cap is $1.239 billion.
Legacy Oil + Gas Inc (TSE:LEG) is engaged in exploration, exploitation and development drilling for oil and natural gas reserves.
Receive News & Ratings for Legacy Oil Plus Gas Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legacy Oil Plus Gas Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.