Analyst Price Target is $6.66
▲ +142.05% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Tamarack Valley Energy in the last 3 months. The average price target is $6.66, with a high forecast of $9.00 and a low forecast of $5.00. The average price target represents a 142.05% upside from the last price of $2.75.
Current Consensus is
The current consensus among 4 contributing investment analysts is to buy stock in Tamarack Valley Energy. This Buy consensus rating has held steady for over two years.
Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in the Clearwater assets covering an area of approximately 357 sections of land located in Alberta; Charlie Lake assets covering approximately 357 sections of land in the northwestern area of Alberta; Viking light oil play in central and southern Alberta and west central Saskatchewan; Barons Sand oil play in the Penny area of southern Alberta; and heavy oil properties. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy Ltd. in June 2010. Tamarack Valley Energy Ltd. was incorporated in 2002 and is headquartered in Calgary, Canada.