TD Securities Reiterates Hold Rating for Trilogy Energy Corp (TET)
Trilogy Energy Corp (TSE:TET)‘s stock had its “hold” rating reaffirmed by TD Securities in a report released on Wednesday. They currently have a C$6.50 price objective on the stock. TD Securities’ price objective points to a potential upside of 5.69% from the stock’s current price.
TET has been the topic of several other reports. Barclays PLC increased their price objective on shares of Trilogy Energy Corp from C$5.00 to C$6.00 in a research report on Tuesday, October 11th. RBC Capital Markets increased their price objective on shares of Trilogy Energy Corp from C$6.00 to C$8.00 in a research report on Thursday, October 13th. Royal Bank Of Canada reissued a “sector perform” rating and set a C$8.00 price objective on shares of Trilogy Energy Corp in a research report on Monday, October 31st. FirstEnergy Capital raised their price target on shares of Trilogy Energy Corp from C$5.00 to C$6.00 and gave the company a “market perform” rating in a report on Monday, August 8th. Finally, 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 company an “outperform” rating in a report on Monday, September 19th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. Trilogy Energy Corp currently has a consensus rating of “Hold” and an average price target of C$5.96.
Shares of Trilogy Energy Corp (TSE:TET) opened at 6.15 on Wednesday. The stock has a 50 day moving average of $7.23 and a 200 day moving average of $6.06. Trilogy Energy Corp has a 52-week low of $1.99 and a 52-week high of $8.33. The company’s market cap is $775.04 million.
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.
Receive News & Stock Ratings for Trilogy Energy Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trilogy Energy Corp and related stocks with our FREE daily email newsletter.