Logan Energy Corp. (CVE:LGN) Receives C$1.50 Average PT from Brokerages

Shares of Logan Energy Corp. (CVE:LGN) have been given a consensus recommendation of “Buy” by the six analysts that are currently covering the stock, MarketBeat reports. Four analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$1.50.

Separately, Scotiabank dropped their target price on shares of Logan Energy from C$1.85 to C$1.75 in a report on Friday, January 17th.

Logan Energy Stock Performance

Logan Energy stock opened at C$0.64 on Friday. Logan Energy has a 52 week low of C$0.59 and a 52 week high of C$0.97. The stock has a market capitalization of C$369.87 million and a P/E ratio of 18.51. The stock has a fifty day moving average of C$0.70 and a 200-day moving average of C$0.76.

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.