National Bank Financial Raises Trilogy Energy Corp (TET) Price Target to C$5.33
Trilogy Energy Corp (TSE:TET) had its price target upped by stock analysts at National Bank Financial from C$5.00 to C$5.33 in a research note issued on Thursday. The brokerage presently has a “tender” rating on the stock. National Bank Financial’s price objective points to a potential upside of 2.70% from the stock’s previous close.
Other research analysts have also recently issued research reports about the stock. Royal Bank Of Canada cut their target price on shares of Trilogy Energy Corp from C$7.00 to C$5.00 in a research note on Thursday, July 20th. Laurentian Bank of Canada lifted their target price on shares of Trilogy Energy Corp from C$7.00 to C$8.00 in a research note on Friday, July 7th. Laurentian lifted their target price on shares of Trilogy Energy Corp from C$7.00 to C$8.00 in a research note on Friday, July 7th. TD Securities reiterated a “hold” rating and issued a C$5.00 target price on shares of Trilogy Energy Corp in a research note on Tuesday, May 2nd. Finally, BMO Capital Markets lifted their target price on shares of Trilogy Energy Corp from C$4.75 to C$5.00 and gave the company a “market perform” rating in a research note on Tuesday, May 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of C$6.65.
Shares of Trilogy Energy Corp (TET) opened at 5.19 on Thursday. The firm’s market capitalization is $654.48 million. Trilogy Energy Corp has a 52-week low of $4.30 and a 52-week high of $8.33. The company has a 50-day moving average price of $4.93 and a 200 day moving average price of $5.27.
About Trilogy Energy Corp
Trilogy Energy Corp. acquires, develops, produces, and sells natural gas, crude oil, and natural gas liquids in Canada. Its petroleum and natural gas properties are primarily located in the province of Alberta. The companys total proved reserves and total proved plus probable reserves include 101.3 MMBoe and 117.4 MMBoe respectively.
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