Analyst Activity – Royal Bank of Canada Lowers Its Price Target On Tamarack-Valley-Energy-Ltd (TSE:TVE) to C$3.50

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Analyst Ratings For Tamarack-Valley-Energy-Ltd (TSE:TVE)

Today, Royal Bank of Canada lowered its price target on Tamarack-Valley-Energy-Ltd (TSE:TVE) to C$3.50 per share.

There are 2 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Tamarack-Valley-Energy-Ltd (TSE:TVE) is Buy (Score: 2.50) with a consensus target price of C$4.60 per share, a potential .

Some recent analyst ratings include

  • 8/12/2016-FirstEnergy Capital Reiterated Rating of Outperform.
  • 6/30/2016-BMO Capital Markets was Downgraded by analysts at BMO Capital Markets from a “Outperform ” rating to a ” Market Perform” rating.


    About Tamarack-Valley-Energy-Ltd (TSE:TVE)
    Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant. Tamarack has interests in approximately 50 sections of land in the Pembina, Garrington and Lochend areas of Alberta. The Company has interests in approximately 60 sections of land in the Redwater and Westlock areas of Alberta. Tamarack has interests in over 30 sections of land in the Hatton area of Saskatchewan. The Company drilled over 10 horizontal Cardium oil wells in the core Wilson Creek and Alder Flats areas.

    Recent Trading Activity for Tamarack-Valley-Energy-Ltd (TSE:TVE)
    Shares of Tamarack-Valley-Energy-Ltd closed the previous trading session at 2.33 down -0.19 -7.54% with 3,348,381 shares trading hands.