Trilogy Energy Corp (TET) PT Raised to C$8.00
Trilogy Energy Corp (TSE:TET) had its target price raised by RBC Capital Markets from C$6.00 to C$8.00 in a report released on Thursday. RBC Capital Markets’ target price points to a potential upside of 4.44% from the company’s previous close.
Other analysts have also issued research reports about the stock. CIBC assumed coverage on shares of Trilogy Energy Corp in a report on Wednesday, June 15th. They set a “sector perform” rating and a C$5.25 target price for the company. TD Securities reaffirmed a “hold” rating and set a C$6.00 target price on shares of Trilogy Energy Corp in a report on Tuesday, August 9th. Barclays PLC lifted their target price on shares of Trilogy Energy Corp from C$3.00 to C$5.00 in a report on Friday, July 22nd. National Bank Financial reduced their price target on shares of Trilogy Energy Corp from C$4.50 to C$4.25 in a research report on Wednesday, August 3rd. Finally, Royal Bank Of Canada lifted their price target on shares of Trilogy Energy Corp from C$5.00 to C$6.00 in a research report on Thursday, July 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of C$5.79.
Trilogy Energy Corp (TSE:TET) opened at 7.66 on Thursday. Trilogy Energy Corp has a 1-year low of $1.99 and a 1-year high of $8.02. The firm’s market capitalization is $965.64 million. The stock has a 50 day moving average of $6.84 and a 200-day moving average of $5.61.
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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