OTCMKTS:ZPTAF - Surge Energy Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $0.87
  • Forecasted Upside: 68.42 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$0.51
+0.30 (1.20%)
1 month | 3 months | 12 months
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Analyst Price Target for ZPTAF

Average Price Target: $0.87
▲ +68.42% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Surge Energy in the last 3 months. The average price target is $0.87, with a high forecast of $1.00 and a low forecast of $0.75. The average price target represents a 68.42% upside from the last price of $0.51.

Hold

The current consensus among 5 investment analysts is to hold stock in Surge Energy. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/29/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/21/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/18/2021Stifel NicolausLower Price TargetBuyC$1.00 ➝ C$0.85
4/15/2021National Bank FinancialDowngradeOutperform ➝ Sector Perform
3/11/2021Raymond JamesUpgradeUnderperform ➝ Market Perform
3/10/2021CIBCBoost Price TargetNeutral$0.50 ➝ $1.00
3/8/2021BMO Capital MarketsBoost Price TargetMarket Perform$0.45 ➝ $0.75
3/8/2021Stifel NicolausUpgradeHold ➝ Buy$0.75 ➝ $1.00
2/19/2021National Bank FinancialReiterated RatingSector Perform
1/28/2021Stifel NicolausBoost Price TargetHold$0.40 ➝ $0.45
1/6/2021National Bank FinancialReiterated RatingSector Perform
12/16/2020CIBCBoost Price TargetNeutral$0.40 ➝ $0.50
10/8/2020CIBCLower Price Target$0.50 ➝ $0.40
5/7/2020CormarkDowngradeHold$0.40
5/7/2020TD SecuritiesReiterated RatingBuy$0.40
4/7/2020ScotiabankDowngradeSector Perform ➝ Underperform
3/16/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform
3/11/2020TD SecuritiesLower Price TargetBuy$1.80 ➝ $1.70
3/10/2020Canaccord GenuityDowngradeBuy ➝ Hold
11/6/2019Raymond JamesReiterated RatingBuy
10/15/2019CIBCReiterated RatingHold$1.50
7/11/2019Raymond JamesReiterated RatingBuy
1/14/2019National Bank FinancialReiterated RatingBuy
1/10/2019Canaccord GenuityReiterated RatingBuy
12/13/2018GMP SecuritiesDowngradeBuy ➝ Hold
11/21/2018CIBCReiterated RatingHold
(Data available from 6/21/2016 forward)
Surge Energy logo
Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada. The company holds interest in the Greater Sawn Lake assets located in Northern Alberta; Valhalla/Wembley property located in northwestern Alberta; Sparky assets located between Provost and Wainwright in eastern Alberta and western Saskatchewan; and Shaunavon properties located to the southwest of Swift Current, Saskatchewan. It holds an average working interest of approximately 83% in approximately 109,941 net developed acres and approximately 92% in approximately 152,344 net undeveloped acres in Greater Sawn area; approximately 70% in approximately 16,032 net developed acres and approximately 74% in approximately 8,208 net undeveloped acres in Valhalla area; and approximately 76% in approximately 80,213 net developed acres and 96% in approximately 58,598 net undeveloped acres in Sparky area; and approximately 61% in approximately 88,178 net developed acres and approximately 39% in approximately 10,483 net undeveloped acres in Edmonton and other minor areas. As of December 31, 2020, it held interests in 316 net oil and 13 net gas wells in Greater Sawn area; 56 net oil and 4 net gas wells in Valhalla area; 466 net oil and 10 net gas wells in Sparky area; 176 net oil wells, as well as an average working interest of approximately 100% in approximately 23,409 net developed acres and 13,698 net undeveloped acres in the Shaunavon properties; and 28 net oil wells and 7 net gas wells in Edmonton and other minor areas. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc. in June 2010. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada.
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Today's Range

Now: $0.51
Low: $0.51
High: $0.52

50 Day Range

MA: $0.47
Low: $0.41
High: $0.56

52 Week Range

Now: $0.51
Low: $0.11
High: $0.60

Volume

53,545 shs

Average Volume

68,482 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Surge Energy?

The following Wall Street research analysts have issued research reports on Surge Energy in the last twelve months: BMO Capital Markets, CIBC, National Bank Financial, Raymond James, and Stifel Nicolaus.
View the latest analyst ratings for ZPTAF.

What is the current price target for Surge Energy?

3 Wall Street analysts have set twelve-month price targets for Surge Energy in the last year. Their average twelve-month price target is $0.87, suggesting a possible upside of 68.4%. CIBC has the highest price target set, predicting ZPTAF will reach $1.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $0.75 for Surge Energy in the next year.
View the latest price targets for ZPTAF.

What is the current consensus analyst rating for Surge Energy?

Surge Energy currently has 4 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ZPTAF, but not buy more shares or sell existing shares.
View the latest ratings for ZPTAF.

What other companies compete with Surge Energy?

How do I contact Surge Energy's investor relations team?

The company's listed phone number is 403-930-1010. The official website for Surge Energy is www.surgeenergy.ca.