Tamarack Vall Energy (TSX: TVE), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Dan Payne from National Bank reiterated a Buy rating, with a C$6.75 price target.
Currently, the analyst consensus on Tamarack Vall Energy is a Strong Buy with an average price target of C$6.
The company has a one-year high of C$5.16 and a one-year low of C$2.31. Currently, Tamarack Vall Energy has an average volume of 1.14M.
Tamarack Valley Energy Ltd. engages in the identification, evaluation, and operation of oil and gas resources. Its portfolio includes Cardium Oil, Viking Oil, and Penny Barons Oil projects. The company was founded in August 2009 and is headquartered in Calgary, Canada.
The company’s shares closed on Thursday at C$4.87, close to its 52-week high of C$5.16.
