TD Securities Raises Obsidian Energy Ltd (OBE) Price Target to C$2.25

Obsidian Energy Ltd (TSE:OBE) had its target price hoisted by TD Securities from C$2.00 to C$2.25 in a report published on Monday.

A number of other analysts have also recently weighed in on OBE. BMO Capital Markets reissued an underperform rating and set a C$1.50 target price on shares of Obsidian Energy in a report on Monday. Barclays PLC dropped their target price on shares of Obsidian Energy from C$2.00 to C$1.50 in a report on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of C$2.14.

Shares of Obsidian Energy (TSE:OBE) opened at C$1.57 on Monday. Obsidian Energy has a twelve month low of C$1.03 and a twelve month high of C$2.72.

COPYRIGHT VIOLATION WARNING: “TD Securities Raises Obsidian Energy Ltd (OBE) Price Target to C$2.25” was first posted by Markets Daily and is owned by of Markets Daily. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at https://www.themarketsdaily.com/2017/11/16/td-securities-raises-obsidian-energy-ltd-obe-price-target-to-c2-25.html.

About Obsidian Energy

Obsidian Energy Ltd. explores for, develops, and produces oil and natural gas properties in western Canada. It primarily holds interest in the Cardium Resource Play that covers an area of approximately 400 net sections of developed and undeveloped land located in west central Alberta; Peace River Resource Play covering an area of 235 net sections of developed and undeveloped land located in northwestern Alberta; and Viking Resource Play that covers an area of approximately 170 net sections of developed and undeveloped land located in north-central Alberta.

Analyst Recommendations for Obsidian Energy (TSE:OBE)

Receive News & Ratings for Obsidian Energy Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Obsidian Energy Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply