TransGlobe Energy Corporation found using ticker (TGA) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 2.36 and 1.98 and has a mean target at 2.17. Now with the previous closing price of 0.43 this indicates there is a potential upside of 404.7%. The 50 day moving average now sits at 0.42 and the 200 moving average now moves to 0.52. The market cap for the company is $31m. Find out more information at: http://www.trans-globe.com
The potential market cap would be $157m based on the market concensus.
TransGlobe Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds interests in four production sharing concessions, which include West Gharib, West Bakr, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities in the Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada. TransGlobe Energy Corporation was incorporated in 1968 and is headquartered in Calgary, Canada.
