Today’s Rating On Watch: Leucrotta Exploration (CVE:LXE) Had Its Target Raises by Researchers at Raymond James to $2.65

November 29, 2016 - By Adrian Mccoy

Leucrotta Exploration (CVE:LXE) Price Target Upgraded

In analysts note released by Raymond James on Tuesday, 29 November, Leucrotta Exploration (CVE:LXE) had its target price per share upgraded to $2.65. The firm presently has “Outperform” rating on the stock.

Leucrotta Exploration Inc (CVE:LXE) Ratings Coverage

Out of 5 analysts covering Leucrotta Exploration (CVE:LXE), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $3 is the highest target while $1 is the lowest. The $2.14 average target is 0.94% above today’s ($2.12) stock price. Leucrotta Exploration has been the topic of 12 analyst reports since October 16, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained it with “Outperform” rating and $3 target price in Thursday, November 24 report. Raymond James maintained the stock with “” rating in Monday, June 6 report. The rating was maintained by National Bank Canada on Friday, November 27 with “Outperform”. Desjardins Securities maintained the shares of LXE in a report on Tuesday, June 28 with “” rating. As per Monday, November 30, the company rating was reinitiated by Mackie.

The stock decreased 2.30% or $0.05 on November 29, hitting $2.12. About 31,900 shares traded hands. Leucrotta Exploration Inc (CVE:LXE) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.

Leucrotta Exploration Inc. is an oil and natural gas company. The company has a market cap of $348.67 million. The Firm is engaged in the acquisition, development, exploration and production of oil and natural gas reserves in northeastern British Columbia, Canada. It currently has negative earnings. The Company’s primary areas of focus are in the Dawson-Sunrise area of northeast British Columbia.

Another recent and important Leucrotta Exploration Inc (CVE:LXE) news was published by Marketwired.com which published an article titled: “Leucrotta Exploration Announces Q3 2016 Financial and Operating Results” on November 23, 2016.

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