Surge Energy (OTCMKTS:ZPTAF) Price Target Raised to C$7.50

Surge Energy (OTCMKTS:ZPTAF) had its target price boosted by Stifel Nicolaus from C$7.23 to C$7.50 in a research note issued on Thursday, The Fly reports. The brokerage currently has a “buy” rating on the stock.

Surge Energy stock traded up $0.17 during trading on Thursday, reaching $3.35. The company had a trading volume of 4,379 shares, compared to its average volume of 7,875. Surge Energy has a 52 week low of $0.96 and a 52 week high of $5.19. The firm’s 50-day simple moving average is $3.41 and its 200 day simple moving average is $3.92.

About Surge Energy

Surge Energy, Inc engages in the exploration, development and production of oil and gas properties. Its properties include Greater Sawn, Valhalla, Sparky, and Shaunavon that are located in Alberta and Saskatchewan. The company was founded on January 26, 1998 and is headquartered in Calgary, Canada.

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Analyst Recommendations for Surge Energy (OTCMKTS:ZPTAF)

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