Trilogy Energy Corp (TET) Given New C$6.00 Price Target at Barclays PLC
Other equities analysts also recently issued reports about the company. CIBC began coverage on Trilogy Energy Corp in a research report on Wednesday, June 15th. They issued a sector perform rating and a C$5.25 price objective on the stock. TD Securities restated a hold rating and issued a C$6.00 price objective on shares of Trilogy Energy Corp in a research report on Tuesday, August 9th. National Bank Financial lowered their price objective on Trilogy Energy Corp from C$4.50 to C$4.25 in a research report on Wednesday, August 3rd. Scotiabank restated a sector perform rating and issued a C$7.00 price objective on shares of Trilogy Energy Corp in a research report on Friday, August 5th. Finally, Royal Bank Of Canada boosted their price objective on Trilogy Energy Corp from C$5.00 to C$6.00 in a research report on Thursday, July 14th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of C$5.44.
Shares of Trilogy Energy Corp (TSE:TET) opened at 7.56 on Tuesday. Trilogy Energy Corp has a 1-year low of $1.99 and a 1-year high of $8.02. The company’s market capitalization is $953.04 million. The company’s 50 day moving average price is $6.71 and its 200-day moving average price is $5.55.
About Trilogy Energy Corp
Trilogy Energy Corp. is a Canada-based petroleum and natural gas-focused energy company. The Company acquires, develops, produces and sells natural gas, crude oil and natural gas liquids. The Company’s oil and gas properties are located in the Kaybob area and Grande Prairie area of Alberta. Its Kaybob area properties include Kaybob Montney Oil Pool Development, Presley Montney Gas Development, Duvernay Shale Oil and Gas Development, Gething Oil Development and Dunvegan Oil Play.
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