Spartan Delta (TSE:SDE) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Spartan Delta (TSE:SDE) had its price target lifted by equities research analysts at BMO Capital Markets from C$7.50 to C$9.00 in a research note issued on Tuesday,BayStreet.CA reports. BMO Capital Markets’ price target suggests a potential upside of 23.97% from the stock’s current price.

SDE has been the topic of several other reports. Desjardins raised their price target on shares of Spartan Delta from C$7.00 to C$8.00 and gave the stock a “hold” rating in a research note on Monday, November 24th. Scotiabank upped their price objective on shares of Spartan Delta from C$7.50 to C$8.00 in a research note on Thursday, October 9th. CIBC lifted their target price on shares of Spartan Delta from C$6.25 to C$9.00 in a research note on Wednesday, October 15th. Finally, TD Securities boosted their price target on Spartan Delta from C$7.50 to C$9.50 and gave the company a “buy” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$8.86.

Spartan Delta Stock Down 3.7%

SDE opened at C$7.26 on Tuesday. The firm has a market cap of C$1.46 billion, a P/E ratio of 36.30 and a beta of 0.22. The business’s fifty day simple moving average is C$7.21 and its 200 day simple moving average is C$5.71. Spartan Delta has a 52 week low of C$2.39 and a 52 week high of C$8.08. The company has a quick ratio of 0.66, a current ratio of 0.80 and a debt-to-equity ratio of 28.49.

Key Stories Impacting Spartan Delta

Here are the key news stories impacting Spartan Delta this week:

• Positive Sentiment: Major analyst upgrades and higher price targets: TD Securities raised its target to C$9.50 and kept a Buy rating (≈26% upside from the cited reference price). BayStreet.CA
• Positive Sentiment: BMO Capital Markets lifted its target to C$9.00, signaling additional upside and institutional support. BayStreet.CA
• Positive Sentiment: Ventum Financial raised its target to C$9.00 and reiterated a Buy rating, and National Bankshares raised to C$9.00 with an Outperform — several shops now seeing ~19%+ upside. Tickerreport.com BayStreet.CA
• Positive Sentiment: CIBC World Markets published a forecast implying roughly 20% upside, providing a prominent research endorsement that could attract buyers. Article Title
• Positive Sentiment: Company operational outlook: Spartan Delta outlined 2026 spending plans aimed at lifting production, which supports revenue/volume growth expectations if execution stays on track. MarketWatch
• Neutral Sentiment: Desjardins raised its target to C$8.50 but kept a Hold rating, signaling some analyst caution despite higher targets. BayStreet.CA
• Negative Sentiment: Balance-sheet and valuation headwinds: Spartan Delta shows low liquidity ratios (current ~0.80, quick ~0.66), a high debt-to-equity figure, and an elevated P/E (~36x). These metrics can cap upside and make the stock sensitive to execution risk and commodity/market volatility — likely reasons for the intraday pullback despite bullish research.

Spartan Delta Company Profile

Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. The company operates and focuses its activities on Peace River Arch and Central Alberta.