Delphi Energy (DEE) Price Target Cut to C$1.10

Delphi Energy (TSE:DEE) had its price target lowered by analysts at BMO Capital Markets from C$1.25 to C$1.10 in a report issued on Wednesday. BMO Capital Markets’ price objective would suggest a potential upside of 80.33% from the company’s current price.

Separately, Raymond James reiterated a “c$0.88” rating and issued a C$1.75 price target on shares of Delphi Energy in a research note on Thursday, July 19th.

Delphi Energy stock opened at C$0.61 on Wednesday. Delphi Energy has a 1-year low of C$0.49 and a 1-year high of C$1.26. The company has a debt-to-equity ratio of 82.29, a current ratio of 0.69 and a quick ratio of 0.63.



In other news, Director Lamont Clement Tolley purchased 89,500 shares of the business’s stock in a transaction on Thursday, September 13th. The stock was purchased at an average price of C$0.72 per share, for a total transaction of C$64,440.00.

Delphi Energy Company Profile

Delphi Energy Corp. engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids in western Canada. The company primarily holds interests in the Bigstone Montney property located in the Deep Basin of Northwest Alberta. It distributes natural gas through Alliance pipeline system in Chicago.

Further Reading: Return on Investment (ROI)

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