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Surge Energy - SGY Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$11.00
  • Forecasted Upside: 113.59%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 1 Strong Buy Ratings
C$5.15 As of 12/20/2024 06:17 PM ET
▲ +0.18 (3.62%)

This chart shows the closing price for SGY by one month, three months, or twelve months.

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Analyst Price Target for SGY

Analyst Price Target is C$11.00
▲ +113.59% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Surge Energy in the last 3 months. The average price target is C$11.00, with a high forecast of C$12.75 and a low forecast of C$9.00. The average price target represents a 113.59% upside from the last price of C$5.15.

This chart shows the closing price for SGY for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 4 polled investment analysts is to buy stock in Surge Energy. This rating has held steady since February 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 1 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/13/2024BMO Capital MarketsLower TargetC$11.00 ➝ C$9.00
10/22/2024Canaccord Genuity GroupLower TargetC$11.00 ➝ C$10.50
10/17/2024Raymond JamesUpgradeModerate Buy
9/27/2024National BanksharesBoost TargetC$11.00 ➝ C$11.25
9/23/2024CormarkUpgradeModerate Buy
8/1/2024Acumen CapitalBoost TargetStrong-BuyC$12.25 ➝ C$12.75
7/31/2024BMO Capital MarketsBoost TargetOutperformC$10.00 ➝ C$11.00
3/21/2024BMO Capital MarketsSet TargetOutperformC$10.00
1/19/2024Raymond JamesLower TargetOutperformC$14.00 ➝ C$12.00
1/18/2024ATB CapitalLower TargetOutperformC$13.00 ➝ C$10.50
1/10/2024National BanksharesLower TargetOutperformC$13.00 ➝ C$11.00
12/11/2023Stifel NicolausLower TargetC$12.50 ➝ C$12.00
12/8/2023BMO Capital MarketsLower TargetC$11.00 ➝ C$9.00
11/3/2023BMO Capital MarketsBoost TargetC$10.50 ➝ C$11.00
10/23/2023Stifel NicolausBoost TargetBuyC$11.75 ➝ C$12.50
10/20/2023Stifel CanadaReiterated RatingBuy
10/20/2023BMO Capital MarketsBoost TargetMarket PerformC$9.00 ➝ C$10.50
10/20/2023National BanksharesBoost TargetOutperformC$12.00 ➝ C$13.00
10/20/2023ATB CapitalSet TargetOutperformC$13.00
10/20/2023Canaccord Genuity GroupBoost TargetC$12.00 ➝ C$14.00
9/28/2023ATB CapitalBoost TargetOutperformC$12.50 ➝ C$13.00
9/8/2023Raymond JamesBoost TargetC$13.00 ➝ C$14.00
7/14/2023Raymond JamesLower TargetC$14.00 ➝ C$13.00
7/13/2023BMO Capital MarketsLower TargetC$12.00 ➝ C$9.00
6/21/2023Eight CapitalSet TargetBuyC$13.00
5/4/2023Stifel NicolausLower TargetC$12.00 ➝ C$11.75
4/18/2023National BanksharesLower TargetC$13.00 ➝ C$12.00
3/29/2023Canaccord Genuity GroupLower TargetC$14.75 ➝ C$13.75
3/13/2023Stifel NicolausBoost TargetC$10.25 ➝ C$12.00
1/16/2023Raymond JamesLower TargetOutperformC$15.00 ➝ C$14.00
1/13/2023Stifel NicolausSet TargetBuyC$10.25
1/12/2023Stifel FirstegyReiterated RatingBuy
11/23/2022CormarkReiterated RatingTop PickC$15.50
10/27/2022ATB CapitalReiterated RatingOutperformC$15.00
9/30/2022National BanksharesLower TargetC$14.00
4/18/2022CormarkUpgradeBuy ➝ Top Pick
4/14/2022National BanksharesUpgradeSector Perform ➝ Buy
1/19/2022Raymond JamesSet TargetOutperformC$12.00
1/12/2022Raymond JamesReiterated RatingOutperform
10/19/2021Raymond JamesBoost TargetOutperformC$10.50 ➝ C$12.00
10/5/2021Raymond JamesReiterated RatingOutperform
8/3/2021Raymond JamesReiterated RatingOutperformC$1.25
6/23/2021Raymond JamesReiterated RatingOutperformC$1.25
6/17/2021National Bank FinancialBoost TargetSector PerformC$1.00
6/17/2021National BanksharesBoost TargetC$0.90 ➝ C$1.00
5/17/2021Raymond JamesReiterated RatingOutperformC$1.25
5/17/2021CormarkReiterated RatingBuyC$1.30
5/14/2021National Bank FinancialReiterated RatingSector PerformC$0.90
5/14/2021National BanksharesSet TargetSector PerformC$0.90
4/15/2021National Bank FinancialDowngradeSector PerformC$0.90
4/15/2021National BanksharesDowngradeOutperform ➝ Sector PerformC$0.90
4/14/2021CIBCLower TargetNeutralC$1.00 ➝ C$0.85
3/17/2021Raymond JamesBoost TargetMarket Perform ➝ OutperformC$0.75 ➝ C$1.25
3/15/2021BMO Capital MarketsBoost TargetNAC$0.75 ➝ C$1.00
3/11/2021Raymond JamesUpgradeUnderperform ➝ Market PerformC$0.25 ➝ C$0.75
3/8/2021National Bank FinancialUpgradeSector Perform ➝ OutperformC$0.75 ➝ C$0.90
3/8/2021BMO Capital MarketsBoost TargetC$0.45 ➝ C$0.75
3/5/2021Stifel FirstegyUpgradeHold ➝ Buy
2/19/2021National Bank FinancialBoost TargetC$0.50 ➝ C$0.75
1/28/2021Raymond JamesReiterated RatingUnderpeformC$0.25
12/16/2020CIBCBoost TargetC$0.40 ➝ C$0.50
11/5/2020Raymond JamesSet TargetUnderperformC$0.25
10/14/2020Raymond JamesLower TargetUnderperformC$0.50 ➝ C$0.25
8/4/2020Raymond JamesSet TargetUnderperformC$0.50
8/4/2020CormarkLower TargetC$0.45 ➝ C$0.40
7/17/2020CormarkBoost TargetC$0.40 ➝ C$0.45
7/15/2020Raymond JamesBoost TargetUnderperformC$0.25 ➝ C$0.50
6/29/2020BMO Capital MarketsBoost TargetC$0.40 ➝ C$0.50
6/24/2020National Bank FinancialBoost TargetSector PerformC$0.40 ➝ C$0.50
5/7/2020TD SecuritiesBoost TargetBuyC$0.35 ➝ C$0.40
5/7/2020Raymond JamesSet TargetUnderperformC$0.25
4/23/2020National Bank FinancialLower TargetSector PerformC$0.50 ➝ C$0.40
4/22/2020Raymond JamesLower TargetUnderperformC$0.35 ➝ C$0.25
4/22/2020CIBCLower TargetC$1.00 ➝ C$0.50
4/15/2020Raymond JamesLower TargetUnderperformC$0.40 ➝ C$0.35
4/15/2020National Bank FinancialLower TargetSector PerformC$0.65 ➝ C$0.50
3/25/2020Raymond JamesLower TargetUnderperformC$0.50 ➝ C$0.40
3/12/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformC$1.50 ➝ C$0.50
3/11/2020Stifel FirstegyDowngradeBuy ➝ Hold
3/11/2020TD SecuritiesLower TargetBuyC$1.80 ➝ C$1.70
3/10/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformC$1.50 ➝ C$0.65
2/12/2020Laurentian Bank of CanadaLower TargetC$1.80 ➝ C$1.65
2/12/2020LaurentianLower TargetC$1.80 ➝ C$1.65
1/31/2020National Bank FinancialLower TargetOutperformC$1.75 ➝ C$1.50
1/14/2020ScotiabankBoost TargetC$1.25 ➝ C$1.50
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.76 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 9 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/21/2024
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Surge Energy logo
Surge Energy Inc. explores, develops, and produces oil and gas in western Canada. Its principal properties are located in the areas of Sparky, Southeast Saskatchewan, Carbonates, Valhalla, and Shaunavon in Alberta and Saskatchewan. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc. in June 2010. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada.
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Today's Range

Now: C$5.15
Low: C$4.95
High: C$5.20

50 Day Range

MA: C$5.78
Low: C$4.97
High: C$6.49

52 Week Range

Now: C$5.15
Low: C$4.94
High: C$8.16

Volume

667,978 shs

Average Volume

482,004 shs

Market Capitalization

C$516.65 million

P/E Ratio

3.18

Dividend Yield

8.16%

Beta

2.54

Frequently Asked Questions

What sell-side analysts currently cover shares of Surge Energy?

The following Wall Street analysts have issued reports on Surge Energy in the last twelve months: Acumen Capital, ATB Capital, BMO Capital Markets, Canaccord Genuity Group Inc., Cormark, National Bankshares, Inc., and Raymond James.
View the latest analyst ratings for SGY.

What is the current price target for Surge Energy?

0 Wall Street analysts have set twelve-month price targets for Surge Energy in the last year. Their average twelve-month price target is C$11.00, suggesting a possible upside of 113.6%. Acumen Capital has the highest price target set, predicting SGY will reach C$12.75 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$9.00 for Surge Energy in the next year.
View the latest price targets for SGY.

What is the current consensus analyst rating for Surge Energy?

Surge Energy currently has 3 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SGY will outperform the market and that investors should add to their positions of Surge Energy.
View the latest ratings for SGY.

What other companies compete with Surge Energy?

Other companies that are similar to Surge Energy include Vermilion Energy, Freehold Royalties, International Petroleum, Headwater Exploration and Advantage Energy. Learn More about companies similar to Surge Energy.

How do I contact Surge Energy's investor relations team?

Surge Energy's physical mailing address is 2100, 635, 8th Ave. SW, CALGARY, AB T2P 3M3, Canada. The company's listed phone number is +1-403-9301010. The official website for Surge Energy is www.surgeenergy.ca. Learn More about contacing Surge Energy investor relations.