Royal Bank Of Canada Increases Trilogy Energy Corp (TET) Price Target to C$8.00
Trilogy Energy Corp (TSE:TET) had its target price raised by Royal Bank Of Canada from C$6.00 to C$8.00 in a research report issued to clients and investors on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada’s price objective points to a potential upside of 5.26% from the stock’s current price.
Other research analysts have also issued reports about the company. RBC Capital Markets lifted their target price on Trilogy Energy Corp from C$6.00 to C$8.00 in a report on Thursday. Barclays PLC lifted their target price on Trilogy Energy Corp from C$5.00 to C$6.00 in a report on Tuesday. National Bank Financial decreased their target price on Trilogy Energy Corp from C$4.50 to C$4.25 in a report on Wednesday, August 3rd. TD Securities reiterated a “hold” rating and set a C$6.00 target price on shares of Trilogy Energy Corp in a research report on Tuesday, August 9th. Finally, FirstEnergy Capital lifted their target price on Trilogy Energy Corp from C$5.00 to C$6.00 and gave the stock a “market perform” rating in a research report on Monday, August 8th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of C$5.79.
Trilogy Energy Corp (TSE:TET) traded up 0.93% during mid-day trading on Thursday, reaching $7.60. The company’s stock had a trading volume of 217,178 shares. Trilogy Energy Corp has a one year low of $1.99 and a one year high of $8.02. The stock’s 50 day moving average is $6.75 and its 200 day moving average is $5.57. The firm’s market cap is $958.08 million.
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Trilogy Energy Corp Company Profile
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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