Ventum Financial Forecasts Strong Price Appreciation for Spartan Delta (TSE:SDE) Stock

Spartan Delta (TSE:SDE) had its target price hoisted by equities research analysts at Ventum Financial from C$7.00 to C$9.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Ventum Financial’s target price points to a potential upside of 23.97% from the company’s previous close.

A number of other equities research analysts also recently weighed in on SDE. Desjardins boosted their price objective on shares of Spartan Delta from C$7.00 to C$8.00 and gave the company a “hold” rating in a research report on Monday, November 24th. CIBC lifted their target price on Spartan Delta from C$6.25 to C$9.00 in a research note on Wednesday, October 15th. TD Securities increased their price target on Spartan Delta from C$7.50 to C$9.50 and gave the stock a “buy” rating in a research report on Tuesday. Scotiabank raised their price target on Spartan Delta from C$7.50 to C$8.00 in a report on Thursday, October 9th. Finally, BMO Capital Markets boosted their price objective on Spartan Delta from C$7.50 to C$9.00 in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Spartan Delta presently has a consensus rating of “Buy” and a consensus 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 price-to-earnings 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 firm has a fifty day moving average price of C$7.21 and a two-hundred day moving average price of C$5.71. The company has a debt-to-equity ratio of 28.49, a current ratio of 0.80 and a quick ratio of 0.66.

Key Headlines 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.