Trilogy Energy Corp (TET) Earns “Sector Perform” Rating from Scotiabank
Scotiabank reissued their sector perform rating on shares of Trilogy Energy Corp (TSE:TET) in a research note issued to investors on Tuesday. The brokerage currently has a C$7.00 price target on the stock.
TET has been the subject of a number of other reports. 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. 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. Royal Bank Of Canada restated a sector perform rating and issued a C$8.00 price target on shares of Trilogy Energy Corp in a report on Monday, October 31st. 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 stock an outperform rating in a report on Monday, September 19th. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. Trilogy Energy Corp 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 Tuesday. The company’s market capitalization is $775.04 million. Trilogy Energy Corp has a one year low of $1.99 and a one year high of $8.33. The stock has a 50 day moving average of $7.23 and a 200-day moving average of $6.06.
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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