Delphi Energy Corp. (DEE) Price Target Increased to C$1.50 by Analysts at GMP Securities

Delphi Energy Corp. (TSE:DEE) had its target price raised by GMP Securities from C$1.40 to C$1.50 in a research report report published on Monday.

Other equities analysts have also recently issued research reports about the stock. BMO Capital Markets reissued an outperform rating and issued a C$1.75 target price on shares of Delphi Energy Corp. in a report on Wednesday, October 18th. Stifel Nicolaus reissued an outperform rating and issued a C$1.75 target price on shares of Delphi Energy Corp. in a report on Wednesday, October 18th. Finally, Raymond James Financial, Inc. cut their target price on shares of Delphi Energy Corp. from C$2.25 to C$2.20 and set a strong-buy rating on the stock in a report on Thursday, August 3rd. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Delphi Energy Corp. currently has an average rating of Buy and an average target price of C$1.77.

Shares of Delphi Energy Corp. (TSE DEE) traded down C$0.03 during midday trading on Monday, reaching C$1.26. 159,700 shares of the company’s stock were exchanged, compared to its average volume of 255,783. Delphi Energy Corp. has a 1 year low of C$1.03 and a 1 year high of C$1.79.

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About Delphi Energy Corp.

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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