Delphi Energy (TSE:DEE) Price Target Increased to C$0.75 by Analysts at Scotiabank

Delphi Energy (TSE:DEE) had its price objective upped by Scotiabank from C$0.15 to C$0.75 in a report published on Monday morning, BayStreet.CA reports.

Other research analysts have also issued reports about the stock. Royal Bank of Canada cut their target price on shares of Delphi Energy from C$0.15 to C$0.10 in a research report on Friday, October 18th. Cormark increased their target price on Delphi Energy from C$0.30 to C$0.35 in a research note on Friday, August 9th.

Shares of TSE:DEE opened at C$0.61 on Monday. The company’s fifty day moving average price is C$0.15 and its 200-day moving average price is C$0.14. The company has a debt-to-equity ratio of 157.06, a current ratio of 2.02 and a quick ratio of 1.05. The firm has a market capitalization of $11.13 million and a price-to-earnings ratio of -0.10. Delphi Energy has a one year low of C$0.53 and a one year high of C$7.95.

About Delphi Energy

Delphi Energy Corp., an oil and natural gas company, explores for, develops, and produces 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.

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