Logan Energy (CVE:LGN) Upgraded at Cormark

Cormark upgraded shares of Logan Energy (CVE:LGN) to a moderate buy rating in a research note issued to investors on Thursday,Zacks.com reports. Cormark also issued estimates for Logan Energy’s FY2026 earnings at $0.12 EPS.

Separately, Scotiabank decreased their target price on Logan Energy from C$1.85 to C$1.75 in a research report on Friday, January 17th. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Logan Energy has an average rating of “Buy” and an average price target of C$1.50.

Logan Energy Price Performance

Shares of Logan Energy stock opened at C$0.66 on Thursday. Logan Energy has a one year low of C$0.58 and a one year high of C$0.97. The stock’s 50-day moving average is C$0.67 and its 200 day moving average is C$0.73. The firm has a market cap of C$381.43 million and a price-to-earnings ratio of 19.09.

About Logan Energy

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.