TransAtlantic Petroleum Ltd (TSE:TNP) had its price objective raised by investment analysts at TD Securities from C$2.25 to C$2.75 in a research report issued to clients and investors on Monday. The firm presently has a “speculatie buy” rating on the stock. TD Securities’ price target indicates a potential upside of 80.92% from the stock’s previous close.

TransAtlantic Petroleum (TSE:TNP) traded down 0.66% during midday trading on Monday, hitting $1.51. The stock had a trading volume of 13,080 shares. The company has a 50-day moving average price of $1.43 and a 200-day moving average price of $1.17. The company’s market cap is $70.71 million. TransAtlantic Petroleum has a 12-month low of $0.71 and a 12-month high of $3.75.

TransAtlantic Petroleum Company Profile

TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.

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