FY2016 Earnings Estimate for Trilogy Energy Corp (TET) Issued By Beacon Securities
Trilogy Energy Corp (TSE:TET) – Research analysts at Beacon Securities raised their FY2016 earnings per share (EPS) estimates for shares of Trilogy Energy Corp in a report issued on Tuesday. Beacon Securities analyst K. Wilson now expects that the brokerage will earn ($0.73) per share for the year, up from their previous forecast of ($0.75).
TET has been the topic of a number of other reports. Barclays PLC increased their target price on shares of Trilogy Energy Corp from C$3.00 to C$5.00 in a research report on Friday, July 22nd. TD Securities reaffirmed a “hold” rating and issued a C$6.00 target price on shares of Trilogy Energy Corp in a research report on Tuesday, August 9th. FirstEnergy Capital increased their target price on shares of Trilogy Energy Corp from C$5.00 to C$6.00 and gave the company a “market perform” rating in a research report on Monday, August 8th. Royal Bank Of Canada increased their target price on shares of Trilogy Energy Corp from C$6.00 to C$8.00 in a research report on Thursday, October 13th. Finally, National Bank Financial increased their target price on shares of Trilogy Energy Corp from C$5.25 to C$6.00 and gave the company a “sector perform” rating in a research report on Tuesday, November 8th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of C$5.96.
Trilogy Energy Corp (TSE:TET) opened at 5.78 on Friday. Trilogy Energy Corp has a 12 month low of $1.99 and a 12 month high of $8.33. The firm has a 50 day moving average of $7.20 and a 200-day moving average of $6.07. The firm’s market cap is $728.64 million.
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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