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Surge Energy Inc(SGY-T)
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Surge Energy: Stocks Overvalued by Analyst Consensus on TSX (SGY)

The Globe and Mail - Sat Dec 3, 2022
Overvalued Stocks

Surge Energy is among the group of overvalued stocks on the Toronto Stock Exchange. This means the consensus value for each stock on this list is below its current price.

This report is generated monthly. It provides the close price and target price for these companies along with the number of analysts covering the stock. Also included is the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year. Stocks in this category are generally sold to preserve capital. There may be a number of reasons why a company would be on this list. Companies with a large analyst following with a difference in price versus target are worth exploring in more detail.

Symbol

Name

Close Price

Target Year

Target Price Mean

Currency

Target Price Number of Estimates

SGY-TSurge Energy Inc4.122,0211.125CAD8

More about Surge Energy Inc

Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada.

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Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.

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