Separately, Scotiabank reiterated a sector perform rating and issued a C$2.75 price target on shares of Transglobe Energy in a research note on Thursday, March 8th.
TSE:TGL opened at C$1.71 on Wednesday. Transglobe Energy has a one year low of C$1.30 and a one year high of C$2.37.
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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.
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