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Tourmaline Oil ( TSE:TOU – Get Free Report ) had its target price upped by equities research analysts at CIBC from C$75.00 to C$77.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. CIBC’s price target indicates a potential upside of 10.58% from the stock’s current price. A number of other research analysts have also recently weighed in on the stock. National Bankshares cut their price objective on shares of Tourmaline Oil from C$80.00 to C$75.00 in a research report on Thursday, June 29th. Barclays cut their target price on Tourmaline Oil from C$85.00 to C$75.00 in a research note on Thursday, April 20th. Veritas Investment Research reissued a "buy" rating on shares of Tourmaline Oil in a research note on Thursday, July 6th. TD Securities raised their price target on shares of Tourmaline Oil from C$70.00 to C$75.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Canaccord Genuity Group set a C$75.00 target price on shares of Tourmaline Oil and gave the stock a "buy" rating in a research note on Friday, July 21st. Eight analysts have rated […]
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