TransGlobe Energy Co. (TGL) Receives C$3.44 Consensus Price Target from Analysts

Shares of TransGlobe Energy Co. (TSE:TGL) (NYSE:TGA) have received an average recommendation of “Buy” from the nine research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$3.44.

A number of equities research analysts have recently issued reports on TGL shares. Scotiabank reaffirmed a “sector perform” rating and issued a C$3.25 target price on shares of TransGlobe Energy in a report on Thursday, March 9th. TD Securities reaffirmed a “buy” rating and issued a C$3.25 target price on shares of TransGlobe Energy in a report on Friday, March 10th.

Shares of TransGlobe Energy (TGL) traded up 14.29% during midday trading on Tuesday, hitting $1.84. The stock had a trading volume of 394,826 shares. The company’s 50 day moving average price is $1.96 and its 200-day moving average price is $2.16. TransGlobe Energy has a 1-year low of $1.59 and a 1-year high of $2.85. The firm’s market capitalization is $132.86 million.

COPYRIGHT VIOLATION WARNING: This news story was first published by WKRB News and is owned by of WKRB News. If you are accessing this news story on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be accessed at

About TransGlobe Energy

TransGlobe Energy Corporation is an oil exploration and production company. The Company’s activities are concentrated in the Arab Republic of Egypt (Egypt). The Company conducts its operations through the Arab Republic of Egypt segment. The Company is primarily engaged in oil exploration, development, production and the acquisition of properties.

This story was originally published by WKRB News ( and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at

Receive News & Ratings for TransGlobe Energy Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransGlobe Energy Co. and related companies with's FREE daily email newsletter.


Leave a Reply

© 2006-2017 WKRB News.