Trilogy Energy Corp (TET) Given New C$8.00 Price Target at Royal Bank Of Canada
Trilogy Energy Corp (TSE:TET) had its price target hoisted by Royal Bank Of Canada from C$6.00 to C$8.00 in a research note issued to investors on Thursday, StockTargetPrices.com reports.
Other equities research analysts have also issued research reports about the stock. Barclays PLC raised their price target on shares of Trilogy Energy Corp from C$5.00 to C$6.00 in a report on Tuesday, October 11th. RBC Capital Markets raised their price target on shares of Trilogy Energy Corp from C$6.00 to C$8.00 in a report on Thursday, October 13th. Raymond James Financial Inc. raised their price target on shares of Trilogy Energy Corp from C$10.00 to C$11.50 and gave the stock an outperform rating in a report on Monday, September 19th. TD Securities reissued a hold rating and issued a C$6.00 price target on shares of Trilogy Energy Corp in a report on Tuesday, August 9th. Finally, FirstEnergy Capital raised their price target on shares of Trilogy Energy Corp from C$5.00 to C$6.00 and gave the stock a market perform rating in a report on Monday, August 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of C$5.79.
Shares of Trilogy Energy Corp (TSE:TET) opened at 7.61 on Thursday. Trilogy Energy Corp has a 12-month low of $1.99 and a 12-month high of $8.02. The firm’s market cap is $959.34 million. The company has a 50 day moving average of $6.92 and a 200-day moving average of $5.70.
Trilogy Energy Corp Company Profile
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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