Spartan Delta (TSE:SDE) Stock Price Expected to Rise, National Bankshares Analyst Says

Spartan Delta (TSE:SDE) had its target price lifted by equities researchers at National Bankshares from C$7.50 to C$9.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 23.97% from the stock’s current price.

Several other analysts also recently issued reports on SDE. BMO Capital Markets upped their price target on Spartan Delta from C$7.50 to C$9.00 in a research note on Tuesday. Desjardins upped their target price on Spartan Delta from C$7.00 to C$8.00 and gave the stock a “hold” rating in a research report on Monday, November 24th. Ventum Financial increased their price target on Spartan Delta from C$7.00 to C$9.00 and gave the company a “buy” rating in a report on Tuesday. CIBC boosted their price objective on shares of Spartan Delta from C$6.25 to C$9.00 in a research note on Wednesday, October 15th. Finally, Scotiabank upped their price objective on shares of Spartan Delta from C$7.50 to C$8.00 in a report on Thursday, October 9th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$8.86.

Spartan Delta Stock Down 3.7%

SDE stock opened at C$7.26 on Tuesday. The firm has a market cap of C$1.46 billion, a PE ratio of 36.30 and a beta of 0.22. Spartan Delta has a 1 year low of C$2.39 and a 1 year high of C$8.08. The company has a fifty day simple moving average of C$7.21 and a 200 day simple moving average of C$5.71. The company has a current ratio of 0.80, a quick ratio of 0.66 and a debt-to-equity ratio of 28.49.

Trending Headlines about 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.

About Spartan Delta

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.