TSE:SGY - Surge Energy Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$1.06
  • Forecasted Upside: 62.64 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$0.65
▲ +0.01 (1.56%)
1 month | 3 months | 12 months
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Analyst Price Target for SGY

Average Price Target: C$1.06
▲ +62.64% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Surge Energy in the last 3 months. The average price target is C$1.06, with a high forecast of C$1.30 and a low forecast of C$0.85. The average price target represents a 62.64% upside from the last price of C$0.65.

Hold

The current consensus among 7 contributing investment analysts is to hold stock in Surge Energy. This rating has held steady since March 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/20/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/17/2021National Bank FinancialBoost Price TargetSector PerformC$1.00
6/17/2021National BanksharesBoost Price TargetC$0.90 ➝ C$1.00
5/17/2021Raymond JamesReiterated RatingOutperformC$1.25
5/17/2021CormarkReiterated RatingBuyC$1.30
5/14/2021National Bank FinancialReiterated RatingSector PerformC$0.90
5/14/2021National BanksharesSet Price TargetSector PerformC$0.90
4/15/2021National Bank FinancialDowngradeSector PerformC$0.90
4/15/2021National BanksharesDowngradeOutperform ➝ Sector PerformC$0.90
4/14/2021CIBCLower Price TargetNeutralC$1.00 ➝ C$0.85
3/17/2021Raymond JamesBoost Price TargetMarket Perform ➝ OutperformC$0.75 ➝ C$1.25
3/15/2021BMO Capital MarketsBoost Price TargetNAC$0.75 ➝ C$1.00
3/11/2021Raymond JamesUpgradeUnderperform ➝ Market PerformC$0.25 ➝ C$0.75
3/8/2021National Bank FinancialUpgradeSector Perform ➝ OutperformC$0.75 ➝ C$0.90
3/8/2021BMO Capital MarketsBoost Price TargetC$0.45 ➝ C$0.75
3/8/2021Canaccord GenuityBoost Price TargetC$0.50 ➝ C$1.00
3/5/2021Stifel FirstegyUpgradeHold ➝ Buy
2/19/2021National Bank FinancialBoost Price TargetC$0.50 ➝ C$0.75
1/28/2021Raymond JamesReiterated RatingUnderpeformC$0.25
1/7/2021Canaccord GenuityUpgradeHold ➝ Speculative BuyC$0.30 ➝ C$0.50
12/16/2020CIBCBoost Price TargetC$0.40 ➝ C$0.50
11/5/2020Raymond JamesSet Price TargetUnderperformC$0.25
10/14/2020Raymond JamesLower Price TargetUnderperformC$0.50 ➝ C$0.25
10/6/2020Canaccord GenuityLower Price TargetC$0.40 ➝ C$0.30
8/4/2020Raymond JamesSet Price TargetUnderperformC$0.50
8/4/2020CormarkLower Price TargetC$0.45 ➝ C$0.40
7/17/2020CormarkBoost Price TargetC$0.40 ➝ C$0.45
7/15/2020Raymond JamesBoost Price TargetUnderperformC$0.25 ➝ C$0.50
6/29/2020BMO Capital MarketsBoost Price TargetC$0.40 ➝ C$0.50
6/24/2020National Bank FinancialBoost Price TargetSector PerformC$0.40 ➝ C$0.50
5/7/2020TD SecuritiesBoost Price TargetBuyC$0.35 ➝ C$0.40
5/7/2020Raymond JamesSet Price TargetUnderperformC$0.25
4/23/2020National Bank FinancialLower Price TargetSector PerformC$0.50 ➝ C$0.40
4/22/2020Raymond JamesLower Price TargetUnderperformC$0.35 ➝ C$0.25
4/22/2020CIBCLower Price TargetC$1.00 ➝ C$0.50
4/15/2020Raymond JamesLower Price TargetUnderperformC$0.40 ➝ C$0.35
4/15/2020National Bank FinancialLower Price TargetSector PerformC$0.65 ➝ C$0.50
3/25/2020Raymond JamesLower Price TargetUnderperformC$0.50 ➝ C$0.40
3/12/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformC$1.50 ➝ C$0.50
3/11/2020Stifel FirstegyDowngradeBuy ➝ Hold
3/11/2020TD SecuritiesLower Price TargetBuyC$1.80 ➝ C$1.70
3/10/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformC$1.50 ➝ C$0.65
3/10/2020Canaccord GenuityDowngradeBuy ➝ HoldC$1.75 ➝ C$0.60
2/12/2020Laurentian Bank of CanadaLower Price TargetC$1.80 ➝ C$1.65
2/12/2020LaurentianLower Price TargetC$1.80 ➝ C$1.65
1/31/2020National Bank FinancialLower Price TargetOutperformC$1.75 ➝ C$1.50
1/14/2020ScotiabankBoost Price TargetC$1.25 ➝ C$1.50
12/13/2019Raymond JamesSet Price TargetOutperformC$1.50
11/6/2019Raymond JamesReiterated RatingOutperformC$1.50
10/15/2019CIBCLower Price TargetC$1.75 ➝ C$1.50
8/13/2019TD SecuritiesBoost Price TargetBuyC$1.65 ➝ C$1.75
8/13/2019Raymond JamesReiterated RatingOutperformC$1.75
7/18/2019CIBCLower Price TargetC$2.25 ➝ C$1.75
7/11/2019Raymond JamesLower Price TargetC$2.00 ➝ C$1.75
7/9/2019Canaccord GenuityLower Price TargetC$2.25 ➝ C$2.00
6/28/2019GMP SecuritiesLower Price TargetC$1.95 ➝ C$1.75
6/25/2019National Bank FinancialLower Price TargetOutperformC$2.25 ➝ C$1.75
5/13/2019GMP SecuritiesBoost Price TargetC$1.90 ➝ C$1.95
5/9/2019Raymond JamesBoost Price TargetOutperformC$1.75 ➝ C$2.00
5/9/2019TD SecuritiesBoost Price TargetBuyC$1.70 ➝ C$2.00
5/8/2019National Bank FinancialSet Price TargetOutperformC$2.25
3/14/2019Raymond JamesLower Price TargetOutperformC$2.50 ➝ C$1.75
3/14/2019TD SecuritiesLower Price TargetBuyC$1.95 ➝ C$1.70
3/13/2019Canaccord GenuityLower Price TargetBuyC$2.75 ➝ C$2.25
1/15/2019CormarkLower Price TargetC$4.00 ➝ C$3.25
1/15/2019TD SecuritiesLower Price TargetBuyC$2.00 ➝ C$1.95
1/15/2019Raymond JamesReiterated RatingOutperformC$2.50
1/14/2019LaurentianLower Price TargetC$2.25 ➝ C$2.00
1/14/2019National Bank FinancialLower Price TargetOutperformC$2.50 ➝ C$2.25
1/10/2019Canaccord GenuityLower Price TargetC$3.75 ➝ C$2.75
1/8/2019Royal Bank of CanadaLower Price TargetC$3.00 ➝ C$2.50
12/13/2018GMP SecuritiesDowngradeBuy ➝ HoldC$3.00 ➝ C$1.85
12/10/2018National Bank FinancialLower Price TargetOutperformC$4.00 ➝ C$2.50
11/22/2018CIBCLower Price TargetC$3.00 ➝ C$2.50
10/30/2018BMO Capital MarketsLower Price TargetOutperformC$3.50 ➝ C$3.00
10/26/2018CIBCBoost Price TargetC$2.75 ➝ C$3.00
10/26/2018TD SecuritiesLower Price TargetBuyC$3.50 ➝ C$3.00
10/26/2018National Bank FinancialUpgradeUnderperform ➝ OutperformC$4.00
10/9/2018CormarkBoost Price TargetC$4.00 ➝ C$4.50
9/21/2018Industrial Alliance SecuritiesReiterated RatingBuyC$4.00
9/7/2018Raymond JamesBoost Price TargetOutperformC$3.25 ➝ C$3.50
9/7/2018TD SecuritiesBoost Price TargetBuyC$3.25 ➝ C$3.50
7/20/2018CIBCBoost Price TargetC$2.75 ➝ C$3.00
7/9/2018Raymond JamesReiterated RatingOutperformC$3.25
5/16/2018BMO Capital MarketsBoost Price TargetC$3.00 ➝ C$3.25
5/16/2018Canaccord GenuityBoost Price TargetC$3.50 ➝ C$3.75
5/16/2018CIBCBoost Price TargetC$2.25 ➝ C$2.75
5/16/2018National Bank FinancialBoost Price TargetOutperformC$3.00 ➝ C$3.25
5/9/2018BMO Capital MarketsBoost Price TargetOutperformC$2.25 ➝ C$3.00
5/9/2018GMP SecuritiesBoost Price TargetC$3.00 ➝ C$3.50
5/9/2018Canaccord GenuityBoost Price TargetC$3.25 ➝ C$3.50
2/14/2018TD SecuritiesLower Price TargetC$3.25 ➝ C$3.00
11/16/2017ScotiabankBoost Price TargetSector PerformC$2.50 ➝ C$2.70
11/16/2017CIBCBoost Price TargetC$2.25 ➝ C$2.50
10/27/2017Eight CapitalDowngradeBuy ➝ NeutralC$2.90 ➝ C$2.60
10/13/2017National Bank FinancialLower Price TargetOutperformC$3.25 ➝ C$3.00
4/20/2017TD SecuritiesReiterated RatingBuyC$3.75
4/20/2017ScotiabankBoost Price TargetSector PerformC$3.15 ➝ C$3.25
4/20/2017BMO Capital MarketsBoost Price TargetOutperformC$3.00 ➝ C$3.25
3/16/2017TD SecuritiesReiterated RatingBuyC$4.00
3/16/2017ScotiabankReiterated RatingSector PerformC$3.25
2/27/2017TD SecuritiesReiterated RatingBuyC$4.00
2/24/2017ScotiabankReiterated RatingSector PerformC$3.25
2/9/2017ScotiabankReiterated RatingSector PerformC$3.25
12/21/2016BMO Capital MarketsBoost Price TargetC$3.50 ➝ C$3.75
12/14/2016ScotiabankReiterated RatingSector PerformC$3.00
12/14/2016TD SecuritiesReiterated RatingBuyC$3.50
12/14/2016CIBCBoost Price TargetC$3.00 ➝ C$3.50
12/14/2016National Bank FinancialBoost Price TargetOutperformC$3.50 ➝ C$3.75
12/14/2016Royal Bank of CanadaBoost Price TargetSector PerformC$3.00 ➝ C$3.25
11/10/2016Clarus SecuritiesReiterated RatingHold
11/10/2016TD SecuritiesReiterated RatingBuyC$3.50
11/10/2016ScotiabankReiterated RatingSector PerformC$3.00
10/19/2016CIBCBoost Price TargetC$2.75 ➝ C$3.00
10/6/2016Royal Bank of CanadaBoost Price TargetSector PerformC$2.75 ➝ C$3.00
10/6/2016ScotiabankReiterated RatingSector PerformC$3.00
9/28/2016CIBCUpgradeUnderperform ➝ Sector Perform
9/7/2016TD SecuritiesBoost Price TargetBuyC$3.25 ➝ C$3.50
9/7/2016ScotiabankReiterated RatingSector PerformC$3.00
9/7/2016Paradigm CapitalUpgradeHold ➝ BuyC$2.50 ➝ C$3.00
9/7/2016FirstEnergy CapitalBoost Price TargetMarket Perform ➝ OutperformC$3.00 ➝ C$3.25
9/7/2016CIBCBoost Price TargetC$2.50 ➝ C$2.75
9/7/2016Royal Bank of CanadaReiterated RatingSector PerformC$2.75
8/4/2016TD SecuritiesReiterated RatingBuyC$3.25
8/4/2016ScotiabankReiterated RatingSector PerformC$3.00
8/3/2016National Bank FinancialLower Price TargetC$3.50 ➝ C$3.00
7/22/2016TD SecuritiesReiterated RatingBuyC$3.25
7/22/2016ScotiabankReiterated RatingSector PerformC$3.00
(Data available from 6/20/2016 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: C$0.65
Low: C$0.63
High: C$0.65

50 Day Range

MA: C$0.57
Low: C$0.51
High: C$0.69

52 Week Range

Now: C$0.65
Low: C$0.14
High: C$0.76

Volume

1,003,338 shs

Average Volume

1,474,981 shs

Market Capitalization

C$246.48 million

P/E Ratio

N/A

Dividend Yield

3.92%

Beta

N/A

Frequently Asked Questions

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

The following Wall Street analysts have issued reports on Surge Energy in the last twelve months: BMO Capital Markets, Canaccord Genuity, CIBC, Cormark, National Bank Financial, National Bankshares, Inc., Raymond James, and Stifel Firstegy.
View the latest analyst ratings for SGY.

What is the current price target for Surge Energy?

7 Wall Street analysts have set twelve-month price targets for Surge Energy in the last year. Their average twelve-month price target is C$1.06, suggesting a possible upside of 62.6%. Cormark has the highest price target set, predicting SGY will reach C$1.30 in the next twelve months. CIBC has the lowest price target set, forecasting a price of C$0.85 for Surge Energy in the next year.
View the latest price targets for SGY.

What is the current consensus analyst rating for Surge Energy?

Surge Energy currently has 4 hold ratings and 3 buy ratings 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 SGY, but not buy more shares or sell existing shares.
View the latest ratings for SGY.

What other companies compete with Surge Energy?

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

Surge Energy's physical mailing address is 2100, 635, 8th Ave. SW, CALGARY, AB T2P 3M3, Canada. The company's listed phone number is +1-403-9301010. The official website for Surge Energy is www.surgeenergy.ca.