Logan Energy (CVE:LGN) PT Set at C$1.20 by ATB Capital

Logan Energy (CVE:LGN) has been given a C$1.20 price target by ATB Capital in a report released on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Capital’s target price suggests a potential upside of 44.58% from the stock’s current price.

Logan Energy Stock Down 2.4%

LGN stock opened at C$0.83 on Monday. The company has a 50 day moving average of C$0.81 and a two-hundred day moving average of C$0.74. The company has a market cap of C$494.41 million, a price-to-earnings ratio of 20.75 and a beta of 5.15. Logan Energy has a 12-month low of C$0.49 and a 12-month high of C$0.90.

Logan Energy Company Profile

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.