▲ +63.35% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Tamarack Valley Energy in the last 3 months. The average price target is $2.88, with a high forecast of $4.00 and a low forecast of $1.75. The average price target represents a 63.35% upside from the last price of $1.76.
The current consensus among 9 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 Alberta Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater in Alberta, as well as in the Veteran, Consort, and Esther area of southeast Alberta and North Hoosier, Milton, and Coleville area of southwest Saskatchewan; Barons and Banff light oil plays located 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. is headquartered in Calgary, Canada.