Talisman Energy Given Consensus Recommendation of “Buy” by Analysts (TSE:TLM)
Shares of Talisman Energy (TSE:TLM) have received a consensus recommendation of “Buy” from the twelve analysts that are presently covering the company, StockRatingsNetwork reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$13.80.
Several analysts have recently commented on the stock. Analysts at Bernstein cut their price target on shares of Talisman Energy from C$16.00 to C$14.50 in a research note on Monday. They now have an “outperform” rating on the stock. Analysts at Clarkson Capital initiated coverage on shares of Talisman Energy in a research note on Wednesday, April 16th. They set an “outperform” rating on the stock.
Talisman Energy (TSE:TLM) traded down 0.78% during mid-day trading on Tuesday, hitting $11.48. 658,262 shares of the company’s stock traded hands. Talisman Energy has a one year low of $10.68 and a one year high of $13.83. The stock’s 50-day moving average is $11.34 and its 200-day moving average is $11.66. The company’s market cap is $11.868 billion.
Talisman Energy Inc (TSE:TLM), is an oil and gas producers, through a combination of exploration, development and acquisitions.
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