Analyst Ratings For MEG Energy Corp (TSE:MEG)
Today, TD Securities reiterated its Hold rating on MEG Energy Corp (TSE:MEG) with a price target of C$8.50.
There are 5 hold ratings, 3 buy ratings on the stock.
The current consensus rating on MEG Energy Corp (TSE:MEG) is Hold (Score: 2.38) with a consensus target price of C$8.72 per share, a potential .
Some recent analyst ratings include
- 3/24/2017-TD Securities Reiterated Rating of Hold.
- 2/10/2017-Scotiabank Reiterated Rating of Outperform.
- 2/10/2017-Royal Bank of Canada Reiterated Rating of Outperform.
About MEG Energy Corp (TSE:MEG)
MEG Energy Corp (MEG) is a Canada-based oil sands company. It is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is engaged in developing enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods. The Company has the following commercial SAGD projects: the Christina Lake Project and the Surmont Project. The Christina Lake Project is situated on over 80 square miles of oil sands leases in the southern Athabasca oil sands region of Alberta. MEG owns working interest in the oil sands leases associated with the Christina Lake Project. The Surmont Project comprises over 30 square miles of lands in the southern Athabasca oil sands region of Alberta. The Surmont Project is located approximately 50 miles south of Fort McMurray. MEG owns working interest in the oil sands leases associated with the Surmont Project. MEG also holds interest in the Access Pipeline.
Recent Trading Activity for MEG Energy Corp (TSE:MEG)
Shares of MEG Energy Corp closed the previous trading session at 6.09 down -0.25 -3.94% with 3,300,542 shares trading hands.