In a latest note to investors, a research analyst has provided a rating update for the Leucrotta Exploration (LXE). The company received a Buy today from Raymond James’ analyst Kurt Molnar, with a C$1.25 price target.
According to TipRanks.com, Molnar has 0 stars on 0-5 star ranking scale with an average return of -20.7% and a 18.8% success rate. Molnar covers the Basic Materials sector, focusing on stocks such as Paramount Resources Ltd, Birchcliff Energy Ltd, and Bonterra Energy Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Leucrotta Exploration with a C$1.75 average price target.
The company has a one-year high of C$2.12 and a one-year low of C$0.81. Currently, Leucrotta Exploration has an average volume of 141.3K.
Leucrotta Exploration, Inc. engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company was founded on June 10, 2014 and is headquartered in Calgary, Canada.
The company’s shares closed on Wednesday at C$0.90, close to its 52-week low of C$0.81.
