Logan Energy Corp. (CVE:LGN) Given Consensus Recommendation of “Buy” by Analysts

Shares of Logan Energy Corp. (CVE:LGN) have received an average recommendation of “Buy” from the eight research firms that are currently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$1.50.

A number of equities research analysts have weighed in on LGN shares. CIBC lifted their target price on Logan Energy from C$1.50 to C$1.75 in a report on Monday, July 15th. Scotiabank raised Logan Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 14th.

Logan Energy Trading Down 3.5 %

Logan Energy stock opened at C$0.82 on Wednesday. Logan Energy has a 12 month low of C$0.76 and a 12 month high of C$1.15. The stock has a 50-day moving average price of C$0.86 and a two-hundred day moving average price of C$0.86.

About Logan Energy

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.