TransGlobe Energy (TGL) PT Set at C$2.75 by Scotiabank

Scotiabank set a C$2.75 price objective on TransGlobe Energy (TSE:TGL) (NYSE:TGA) in a report issued on Tuesday, January 30th. The firm currently has a sector perform rating on the stock.

Shares of TransGlobe Energy (TSE:TGL) opened at C$1.64 on Tuesday. TransGlobe Energy has a one year low of C$1.30 and a one year high of C$2.38. The company has a market cap of $121.48, a price-to-earnings ratio of -0.85 and a beta of 0.51.

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About TransGlobe Energy

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

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