Analyst Activity – TD Securities Reiterates Buy on TransGlobe Energy (TSE:TGL)

Analyst Ratings For TransGlobe Energy (TSE:TGL)

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Today, TD Securities reiterated its Buy rating on TransGlobe Energy (TSE:TGL) with a price target of C$3.25.

There are 1 hold rating, 4 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on TransGlobe Energy (TSE:TGL) is Buy (Score: 3.00) with a consensus target price of C$3.47 per share, a potential .

Some recent analyst ratings include

  • 3/10/2017-TD Securities Reiterated Rating of Buy.
  • 3/9/2017-Scotiabank Reiterated Rating of Sector Perform.
  • 12/19/2016-Ci Capital Reiterated Rating of Overweight.
  • 8/12/2016-FirstEnergy Capital Upgrade from a “Outperform ” rating to a ” Top Pick” rating.

    About TransGlobe Energy (TSE:TGL)
    TransGlobe Energy Corporation is an oil exploration and production company. The Company’s activities are concentrated in the Arab Republic of Egypt (Egypt). The Company conducts its operations through the Arab Republic of Egypt segment. The Company is primarily engaged in oil exploration, development, production and the acquisition of properties. It holds interests in various production sharing concessions (PSC) in Eastern Desert Egypt and Western Desert Egypt. Its blocks in Eastern Desert Egypt include West Gharib, which covers approximately 34,860 acres; West Bakr, covering over 11,600 acres; North West (NW) Gharib, covering approximately 162,000 acres; South East (SE) Gharib, which covers over 125,650 acres, and South West (SW) Gharib, covering approximately 48,310 acres. Its blocks in the Western Desert Egypt include South Alamein, covering approximately 335,830 acres; South Ghazalat, covering over 465,300 acres, and North West (NW) Sitra, covering approximately 480,850 acres.

    Recent Trading Activity for TransGlobe Energy (TSE:TGL)
    Shares of TransGlobe Energy closed the previous trading session at 2.18 up +0.05 2.35% with 19,926 shares trading hands.

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