TransGlobe Energy Corporation Has Another Very Strong Trading Session

 TransGlobe Energy Corporation Has Another Very Strong Trading Session

The stock of TransGlobe Energy Corporation (TSE:TGL) is a huge mover today! About 15,500 shares traded hands. TransGlobe Energy Corporation (TSE:TGL) has risen 9.59% since March 30, 2016 and is uptrending. It has outperformed by 8.38% the S&P500.
The move comes after 8 months positive chart setup for the $175.44 million company. It was reported on Nov, 3 by Barchart.com. We have $4.26 PT which if reached, will make TSE:TGL worth $129.83M more.

TransGlobe Energy Corporation (TSE:TGL) Ratings Coverage

Out of 5 analysts covering TransGlobe Energy Corp. (TSE:TGL), 3 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 60% are positive. $6.50 is the highest target while $1.50 is the lowest. The $3.94 average target is 60.82% above today’s ($2.45) stock price. TransGlobe Energy Corp. has been the topic of 13 analyst reports since August 14, 2015 according to StockzIntelligence Inc. The rating was upgraded by Paradigm Research on Monday, October 5 to “Buy”. On Thursday, January 14 the stock rating was downgraded by IBC to “Sector Underperformer”. TD Securities maintained TransGlobe Energy Corporation (TSE:TGL) on Friday, August 14 with “Buy” rating.

More notable recent TransGlobe Energy Corporation (TSE:TGL) news were published by: Marketwired.com which released: “TransGlobe Energy Corporation Announces Release Date of Third Quarter 2016 …” on September 12, 2014, also Marketwired.com with their article: “TransGlobe Energy Corporation Announces Access to South Alamein and Proposed …” published on September 08, 2016, Marketwatch.com published: “TransGlobe Energy Corp.” on February 22, 2011. More interesting news about TransGlobe Energy Corporation (TSE:TGL) were released by: Marketwired.com and their article: “TransGlobe Energy Corporation 2015 Guidance and Corporate Update” published on January 09, 2015 as well as Quotes.Wsj.com‘s news article titled: “News TransGlobe Energy Corp.TGA” with publication date: February 11, 2011.

TransGlobe Energy Corporation is an oil exploration and production company. The company has a market cap of $175.44 million. The Company’s activities are concentrated in the Arab Republic of Egypt . It currently has negative earnings. The Firm conducts its activities through the Arab Republic of Egypt segment.

TGL.TO Company Profile

TransGlobe Energy Corporation, incorporated on August 6, 1968, is an oil exploration and production company. The Company’s activities are concentrated in the Arab Republic of Egypt (Egypt). The Firm conducts its activities through the Arab Republic of Egypt segment. The Firm is primarily engaged in oil exploration, development, production and the acquisition of properties.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment