What’s in TORC OIL AND GAS LTD After Today’s Huge Decline?

 What's in TORC OIL AND GAS LTD After Today's Huge Decline?

The stock of TORC OIL AND GAS LTD (TSE:TOG) is a huge mover today! About 60,832 shares traded hands. TORC OIL AND GAS LTD (TSE:TOG) has declined 2.52% since April 12, 2016 and is downtrending. It has underperformed by 7.21% the S&P500.
The move comes after 8 months negative chart setup for the $1.48B company. It was reported on Nov, 16 by Barchart.com. We have $7.39 PT which if reached, will make TSE:TOG worth $118.40 million less.

TORC OIL AND GAS LTD (TSE:TOG) Ratings Coverage

Out of 6 analysts covering Torc Oil & Gas (TSE:TOG), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. $12 is the highest target while $5.25 is the lowest. The $8.83 average target is 9.96% above today’s ($8.03) stock price. Torc Oil & Gas has been the topic of 18 analyst reports since August 13, 2015 according to StockzIntelligence Inc. TD Securities maintained the stock with “Buy” rating in Friday, August 19 report. The stock has “Outperform” rating given by RBC Capital Markets on Tuesday, December 15. The stock of TORC OIL AND GAS LTD (TSE:TOG) earned “Outperform” rating by Scotia Capital on Wednesday, November 9.

More news for TORC OIL AND GAS LTD (TSE:TOG) were recently published by: Business.Financialpost.com, which released: “TORC Oil & Gas Ltd leads Canadian energy stock rebound” on April 15, 2015. Marketwired.com‘s article titled: “TORC Oil & Gas Announces Strategic Acquisitions in Southeast Saskatchewan …” and published on July 25, 2016 is yet another important article.

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