Leucrotta Exploration (LXE) Price Target Cut to C$1.75

Leucrotta Exploration (CVE:LXE) had its price target reduced by Raymond James from C$2.45 to C$1.75 in a research report report published on Tuesday. They currently have an outperform rating on the oil and natural gas company’s stock.

Several other equities analysts have also issued reports on the company. CIBC cut their target price on Leucrotta Exploration from C$2.00 to C$1.60 in a research note on Thursday, November 29th. Cormark lowered their price target on Leucrotta Exploration from C$3.00 to C$2.60 in a report on Thursday, November 29th. Royal Bank of Canada lowered their price target on Leucrotta Exploration from C$2.50 to C$2.00 and set an outperform rating for the company in a report on Thursday, November 29th. Finally, Desjardins lowered their price target on Leucrotta Exploration from C$2.75 to C$2.25 in a report on Thursday, November 29th.

LXE opened at C$1.11 on Tuesday. Leucrotta Exploration has a 1 year low of C$1.05 and a 1 year high of C$2.12.

In other Leucrotta Exploration news, insider Gmt Capital Corp sold 36,620 shares of the firm’s stock in a transaction dated Tuesday, October 2nd. The stock was sold at an average price of C$1.44, for a total value of C$52,732.80.

Leucrotta Exploration Company Profile

Leucrotta Exploration Inc operates as an oil and natural gas company. The company acquires, explores for, develops, and produces oil and natural gas reserves in northeastern British Columbia, Canada. It holds interest in approximately 100,500 gross acres of Montney land in Doe/Mica. Leucrotta Exploration Inc was incorporated in 2014 and is based in Calgary, Canada.

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