Talisman Energy Receives Average Recommendation of “Hold” from Analysts (NYSE:TLM)
Talisman Energy (NYSE:TLM) has earned a consensus rating of “Hold” from the nine analysts that are presently covering the stock, American Banking and Market News reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $12.55.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of Talisman Energy to a “hold” rating in a research note on Thursday. Separately, analysts at Zacks upgraded shares of Talisman Energy from an “underperform” rating to a “neutral” rating in a research note on Friday, May 16th. They now have a $11.00 price target on the stock. Finally, analysts at CIBC set a $11.75 price target on shares of Talisman Energy in a research note on Thursday, May 8th.
Talisman Energy (NYSE:TLM) traded up 0.66% on Friday, hitting $10.74. The stock had a trading volume of 461,228 shares. Talisman Energy has a 52 week low of $9.63 and a 52 week high of $13.38. The stock has a 50-day moving average of $10.40 and a 200-day moving average of $10.70. The company’s market cap is $11.103 billion.
Talisman Energy (NYSE:TLM) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.41. During the same quarter in the previous year, the company posted ($0.06) earnings per share. Analysts expect that Talisman Energy will post $0.26 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.0675 per share. This represents a $0.27 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date of this dividend is Wednesday, June 11th.
Talisman Energy Inc (NYSE:TLM), is an oil and gas producers, through a combination of exploration, development and acquisitions.
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