Shares of Legacy Reserves LP LGCY have lost almost 60 percent of their value over the past year. The Vetr crowd seems to believe the stock is ripe for a rebound, as evidenced by its average price target of $1.88, which implies a potential return of almost 20.2 percent from current valuations.
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Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Legacy Reserves LP on Tuesday, from 4.0 Stars (Buy) to 5.0 Stars (Strong Buy) – out of a possible 5 Stars rating.
It should be noted that, in accordance with the current score and price target, 100 percent of the crowd’s ratings are bullish right now.
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