Leucrotta Exploration Inc (CVE:LXE) had its price objective dropped by investment analysts at Eight Capital from C$2.10 to C$1.80 in a research note issued on Wednesday. Eight Capital’s target price points to a potential upside of 5.26% from the company’s current price.
Separately, BMO Capital Markets set a C$2.25 target price on shares of Leucrotta Exploration and gave the stock a “market perform” rating in a research report on Wednesday, August 30th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Leucrotta Exploration has a consensus rating of “Buy” and a consensus price target of C$2.54.
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In other Leucrotta Exploration news, insider Gmt Capital Corp purchased 1,364,500 shares of the stock in a transaction on Tuesday, October 24th. The shares were purchased at an average price of C$1.22 per share, with a total value of C$1,664,690.00. Insiders acquired a total of 1,397,500 shares of company stock worth $1,710,082 in the last three months.
Leucrotta Exploration Company Profile
Leucrotta Exploration Inc is an oil and natural gas company. The Company is engaged in the acquisition, development, exploration and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company’s primary areas of focus are in the Dawson-Sunrise area of northeast British Columbia.
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