17-05-2025
Scotiabank Sticks to Their Buy Rating for Logan Energy Corp (LGN)
In a report released yesterday, Cameron Bean from Scotiabank maintained a Buy rating on Logan Energy Corp (LGN – Research Report), with a price target of C$1.50. The company's shares closed yesterday at C$0.66.
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Bean covers the Energy sector, focusing on stocks such as Expand Energy, EQT, and CNX Resources. According to TipRanks, Bean has an average return of 2.2% and a 54.02% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Logan Energy Corp with a C$1.33 average price target, implying a 101.52% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a C$1.00 price target.
The company has a one-year high of C$0.97 and a one-year low of C$0.49. Currently, Logan Energy Corp has an average volume of 218.2K.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LGN in relation to earlier this year.
