GMP Securities Increases Delphi Energy Corp. (DEE) Price Target to C$1.50

Delphi Energy Corp. (TSE:DEE) had its price target upped by investment analysts at GMP Securities from C$1.40 to C$1.50 in a note issued to investors on Monday. GMP Securities’ price target would indicate a potential upside of 25.00% from the company’s current price.

A number of other equities research analysts also recently issued reports on DEE. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$1.75 price objective on shares of Delphi Energy Corp. in a research report on Wednesday, October 18th. Stifel Nicolaus reaffirmed an “outperform” rating and issued a C$1.75 price objective on shares of Delphi Energy Corp. in a research report on Wednesday, October 18th. Finally, Raymond James Financial, Inc. reduced their price objective on shares of Delphi Energy Corp. from C$2.25 to C$2.20 and set a “strong-buy” rating for the company in a research report on Thursday, August 3rd. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of C$1.77.

Shares of Delphi Energy Corp. (TSE DEE) opened at C$1.20 on Monday. Delphi Energy Corp. has a 52-week low of C$1.03 and a 52-week high of C$1.79.

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Delphi Energy Corp. Company Profile

Delphi Energy Corp. (Delphi) is a Canada-based company engaged in the acquisition for and exploration, development and production of crude oil, natural gas and natural gas liquids in western Canada. The Company’s operations are principally concentrated in Northwest Alberta at Bigstone, which is in the Deep Basin of Northwest Alberta.

Analyst Recommendations for Delphi Energy Corp. (TSE:DEE)

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