CIBC Raises Leucrotta Exploration (CVE:LXE) Price Target to C$2.10

Leucrotta Exploration (CVE:LXE) had its target price hoisted by CIBC from C$1.80 to C$2.10 in a research report report published on Tuesday, March 20th.

Several other equities research analysts have also weighed in on LXE. National Bank Financial boosted their target price on Leucrotta Exploration from C$2.00 to C$2.25 and gave the stock an outperform rating in a report on Tuesday, January 9th. Eight Capital upped their price target on Leucrotta Exploration from C$1.30 to C$1.60 in a report on Tuesday, February 27th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of C$2.17.

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LXE traded up C$0.04 on Tuesday, hitting C$1.72. The company had a trading volume of 1,204,932 shares, compared to its average volume of 127,636. Leucrotta Exploration has a 1-year low of C$1.40 and a 1-year high of C$2.35.

In other Leucrotta Exploration news, insider Robert John Zakresky purchased 200,000 shares of the business’s stock in a transaction dated Friday, March 2nd. The stock was bought at an average cost of C$1.45 per share, for a total transaction of C$290,000.00.

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Leucrotta Exploration Company Profile

Leucrotta Exploration Inc engages in the exploration, development, and production of oil and natural gas reserves in Canada. As of April 6, 2017, the company had interests in approximately 100,500 gross acres of undeveloped land in the Dawson-Sunrise area of northeast British Columbia. Leucrotta Exploration Inc was incorporated in 2014 and is headquartered in Calgary, Canada.

Analyst Recommendations for Leucrotta Exploration (CVE:LXE)

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