First Trust FIDAC Mortgage Income Fund (FMY) Is At $14.11 Formed Wedge, Last Week TORC OIL AND GAS LTD (TSE:TOG) Coverage

July 20, 2017 - By Maria Brooks

First Trust FIDAC Mortgage Income Fund (FMY) formed wedge up with $14.82 target or 5.00% above today’s $14.11 share price. First Trust FIDAC Mortgage Income Fund (FMY) has $59.66M valuation. About 3,533 shares traded. First Trust FIDAC Mortgage Income Fund (NYSE:FMY) has declined 2.63% since July 20, 2016 and is downtrending. It has underperformed by 19.33% the S&P500.

Among 6 analysts covering Torc Oil & Gas (TSE:TOG), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Torc Oil & Gas had 23 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of TORC OIL AND GAS LTD (TSE:TOG) earned “Buy” rating by TD Securities on Friday, August 19. The rating was maintained by TD Securities on Friday, December 16 with “Buy”. The firm has “Outperform” rating given on Wednesday, November 9 by Scotia Capital. The rating was maintained by Scotia Capital with “Outperform” on Friday, March 3. RBC Capital Markets maintained TORC OIL AND GAS LTD (TSE:TOG) rating on Tuesday, December 15. RBC Capital Markets has “Outperform” rating and $10 target. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, December 16. See TORC OIL AND GAS LTD (TSE:TOG) latest ratings:

03/03/2017 Broker: Scotia Capital Rating: Outperform New Target: $10.25 Maintain
03/03/2017 Broker: TD Securities Rating: Buy Old Target: $11.50 New Target: $12.00 Target Up
25/01/2017 Broker: IBC Rating: Old Target: $9.50 New Target: $9.00 Target Down

About 335,617 shares traded. TORC OIL AND GAS LTD (TSE:TOG) has 0.00% since July 20, 2016 and is . It has underperformed by 16.70% the S&P500.