In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Tamarack Vall Energy (TSX: TVE). Analyst Shailender Randhawa from RBC Capital remains neutral on the stock and has a C$5.50 price target.
According to TipRanks.com, Randhawa is ranked #3202 out of 4850 analysts.
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Tamarack Vall Energy has an analyst consensus of Strong Buy, with a price target consensus of C$5.72.
Tamarack Vall Energy’s market cap is currently C$1.09B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.40.
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 Friday at C$4.76, close to its 52-week high of C$4.94.
