Shares of Leucrotta Exploration Inc (CVE:LXE) have earned an average recommendation of “Buy” from the ten research firms that are presently covering the company. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$2.08.

A number of brokerages have commented on LXE. Canaccord Genuity lifted their target price on Leucrotta Exploration from C$1.75 to C$2.25 and gave the company a “hold” rating in a research note on Friday, August 19th. Acumen Capital lifted their target price on Leucrotta Exploration from C$2.25 to C$2.80 and gave the company a “buy” rating in a research note on Thursday, August 18th. National Bank Financial lifted their target price on Leucrotta Exploration from C$1.75 to C$2.25 and gave the company an “outperform” rating in a research note on Thursday, August 18th. Desjardins set a C$2.00 target price on Leucrotta Exploration in a research note on Tuesday, June 28th. Finally, Raymond James Financial Inc. set a C$2.00 target price on Leucrotta Exploration in a research note on Monday, June 6th.

About Leucrotta Exploration

Leucrotta Exploration Inc is an oil and natural gas company. The Company is engaged in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company is a Montney focused producer with lands located in the Dawson-Sunrise area in Northeast British Columbia.

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