MEG Energy (MEGEF)
In a report released yesterday, AltaCorp Captial from ATB Capital Markets maintained a Hold rating on MEG Energy, with a price target of C$11.00. The company’s shares closed last Wednesday at $7.52, close to its 52-week high of $7.91.
Currently, the analyst consensus on MEG Energy is a Moderate Buy with an average price target of $8.80, representing a 14.7% upside. In a report issued on June 8, J.P. Morgan also maintained a Hold rating on the stock with a C$11.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.