Tamarack-Valley-Energy (CVE:TVE) had its price target increased by GMP Securities from C$4.25 to C$4.50 in a research report issued to clients and investors on Tuesday.

A number of other research firms have also commented on TVE. BMO Capital Markets raised Tamarack-Valley-Energy from a “market perform” rating to an “outperform” rating and raised their price target for the stock from C$3.50 to C$4.25 in a report on Monday, December 4th. Laurentian Bank of Canada raised their price target on Tamarack-Valley-Energy from C$4.25 to C$4.75 in a report on Friday, October 6th. Laurentian raised their price target on Tamarack-Valley-Energy from C$4.25 to C$4.75 in a report on Friday, October 6th. Royal Bank of Canada lowered Tamarack-Valley-Energy from a “sector perform” rating to an “underperform” rating and raised their price target for the stock from C$2.50 to C$2.75 in a report on Thursday, November 9th. Finally, Desjardins reaffirmed a “buy” rating and issued a C$4.00 price target on shares of Tamarack-Valley-Energy in a report on Monday, December 18th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Tamarack-Valley-Energy currently has a consensus rating of “Buy” and a consensus price target of C$4.19.

Tamarack-Valley-Energy has a 1 year low of C$2.11 and a 1 year high of C$7.85.

In related news, insider Ronald Steve Hozjan sold 40,000 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of C$2.65, for a total value of C$106,000.00. Also, insider Gmt Capital Corp acquired 16,700 shares of the stock in a transaction that occurred on Thursday, October 19th. The stock was acquired at an average price of C$2.04 per share, for a total transaction of C$34,068.00. In the last quarter, insiders purchased 90,400 shares of company stock worth $198,638 and sold 78,400 shares worth $210,960.

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Tamarack-Valley-Energy Company Profile

Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant.

Analyst Recommendations for Tamarack-Valley-Energy (CVE:TVE)

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