Analyst Price Target is C$5.25
▲ +9.38% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Tamarack Valley Energy in the last 3 months. The average price target is C$5.25, with a high forecast of C$6.00 and a low forecast of C$4.00. The average price target represents a 9.38% upside from the last price of C$4.80.
Current Consensus is
The current consensus among 8 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. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan. 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.