The Globe and Mail reports in its Wednesday, April 10, edition that BMO Nesbitt Burns analyst Jeremy McCrea has reinstated coverage on Logan Energy with an "outperform" rating and $1.25 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $1.50. Mr. McCrea says in a note: "Over the past decade, there have only been a few management teams that can point to a track record of M&A success and a capacity to generate meaningful shareholder value. With insiders owning 21 per cent and a goal of growing production more than 50 per cent per year via M&A for the next few years, there is considerable alignment for growth-oriented investors. In the meantime, the company has a good starting package with 500-plus Montney locations. If Logan can execute and successfully showcase well results utilizing modern completion technology, we think there is meaningful upside." The Globe reported on Jan. 11 that National Bank Financial analysts rated Logan Energy "outperform." It was then worth 79 cents. The Globe reported on Jan. 17 that Scotia Capital analysts continued to rate Logan Energy "sector outperform." The shares could then be had for 78 cents.