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Analyst Rating Update on This Canadian Energy Stock


Delphi Energy (TSX: DEE), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Kurt Molnar from Raymond James remains bullish on the stock and has a C$1.50 price target.

According to TipRanks.com, Molnar is ranked #4595 out of 4886 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Delphi Energy with a C$1.35 average price target.

Delphi Energy’s market cap is currently C$154M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.82.

Delphi Energy Corp. is an exploration company. The firm engages in the exploration, development and production of crude oil, natural gas. Its projects include Montney and cretaceous, which are located in Bigstone. The company was founded on June 19, 2003 and is headquartered in Calgary, Canada.

The company’s shares closed on Friday at C$0.80.