Royal Bank Of Canada Raises Topaz Energy (TSE:TPZ) Price Target to C$34.00

Topaz Energy (TSE:TPZ) had its target price lifted by research analysts at Royal Bank Of Canada from C$32.00 to C$34.00 in a research note issued on Thursday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 9.32% from the stock’s current price.

A number of other research firms also recently issued reports on TPZ. Jefferies Financial Group dropped their target price on shares of Topaz Energy from C$31.00 to C$30.00 in a research report on Tuesday, January 20th. National Bank Financial set a C$33.50 price objective on shares of Topaz Energy and gave the stock an “outperform” rating in a research report on Friday, January 9th. Canaccord Genuity Group increased their price target on Topaz Energy from C$33.00 to C$35.00 and gave the company a “buy” rating in a report on Wednesday. TD Securities boosted their price target on Topaz Energy from C$30.00 to C$33.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, ATB Cormark Capital Markets upped their price objective on shares of Topaz Energy from C$31.00 to C$33.00 and gave the company a “moderate buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$33.28.

Topaz Energy Trading Up 1.9%

TPZ stock traded up C$0.57 during trading on Thursday, reaching C$31.10. 458,074 shares of the stock traded hands, compared to its average volume of 446,626. The firm has a market capitalization of C$4.78 billion, a PE ratio of 84.05 and a beta of 0.27. The company has a debt-to-equity ratio of 36.45, a current ratio of 1.89 and a quick ratio of 7.17. The business’s 50 day moving average price is C$28.09 and its 200-day moving average price is C$26.73. Topaz Energy has a 52-week low of C$21.00 and a 52-week high of C$31.21.

Topaz Energy News Summary

Here are the key news stories impacting Topaz Energy this week:

• Positive Sentiment: Company guidance & Q4 results showed 10% reserves growth and 1.5x reserve replacement — a fundamentals boost supporting higher valuation. TOPAZ ANNOUNCES 2026 GUIDANCE AND FOURTH QUARTER 2025 RESULTS
• Positive Sentiment: Canaccord raised its price target to C$35 and reiterated a “buy” rating (about +14.6% upside vs. the prior price), lifting sentiment. BayStreet.CA
• Positive Sentiment: TD Securities boosted its target to C$33 and kept a “buy” call, adding another institutional upward revision. BayStreet.CA
• Positive Sentiment: CIBC raised its target to C$33.50 and moved to “outperform,” giving additional broker support. BayStreet.CA Tickerreport.com
• Positive Sentiment: Raymond James lifted its target to C$35 and kept an “outperform” rating, reinforcing upward momentum from multiple brokers. BayStreet.CA
• Positive Sentiment: ATB Cormark increased its target to C$33 and maintained a “moderate buy” stance, contributing to broad-based analyst optimism. BayStreet.CA Zacks.com
• Positive Sentiment: Media note: coverage highlighting the analyst activity pushed the stock to a new 1‑year high, reinforcing momentum. Topaz Energy Sets New 1-Year High
• Neutral Sentiment: Valuation and liquidity context: TPZ trades with a high P/E (~84) and below-average intraday volume, which could temper upside for value-sensitive investors.

About Topaz Energy

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada’s natural gas producers, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies, while maintaining its commitment to environmental, social and governance practices. It generates revenue from the Royalty Assets, which generate the company’s Royalty Production Revenue; and the Infrastructure Assets, which generate the company’s Processing Revenue and Other Income.