Highlights

  • National Bankshares raised Spartan Delta’s target from C$7.50 to C$9.00 on Tuesday.
  • Multiple analysts have adjusted price targets, ranging from C$8.00 to C$9.00.
  • MarketBeat reports an average analyst rating of "Buy" with a target of C$8.86.

Spartan Delta (TSE:SDE), an Alberta-based oil and gas exploration and production company, saw its target price increased by analysts at National Bankshares from C$7.50 to C$9.00 in a report released Tuesday, according to BayStreet.CA. The research firm maintains an "outperform" rating on the stock.

Other analyst updates indicate varied target revisions across the sector. Scotiabank raised its target from C$7.50 to C$8.00 on October 9th. CIBC adjusted its price objective from C$6.25 to C$9.00 on October 15th. BMO Capital Markets also increased its target from C$7.50 to C$9.00 on Tuesday. Desjardins raised its target from C$7.00 to C$8.00 while assigning a "hold" rating on November 24th. Ventum Financial increased its target from C$7.00 to C$9.00 and issued a "buy" rating.

In total, two analysts have assigned a "Strong Buy," three have given a "Buy," and one has rated the stock as "Hold." MarketBeat.com data indicates that Spartan Delta has an average rating of "Buy" with a consensus price target of C$8.86.

Spartan Delta focuses its operations on exploration, development, and production of petroleum and natural gas properties in Alberta, particularly in the Peace River Arch and Central Alberta regions. The company manages activities across upstream assets in these areas, concentrating on operational development and resource management.

SDE closed at CAD 7.54 on January 06, 2026.