Trilogy Energy Corp (TET) Given Consensus Rating of “Hold” by Analysts
Trilogy Energy Corp (TSE:TET) has earned an average rating of “Hold” from the ten research firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$6.95.
Several research firms recently weighed in on TET. TD Securities upped their price target on Trilogy Energy Corp from C$5.50 to C$6.00 and gave the company a “hold” rating in a research report on Monday, May 29th. Raymond James Financial, Inc. upped their target price on Trilogy Energy Corp from C$10.00 to C$10.50 and gave the stock an “outperform” rating in a research report on Tuesday, May 9th. BMO Capital Markets upped their target price on Trilogy Energy Corp from C$4.75 to C$5.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 9th. CSFB began coverage on Trilogy Energy Corp in a research report on Tuesday, May 9th. They issued a “neutral” rating and a C$5.75 target price on the stock. Finally, Royal Bank Of Canada dropped their target price on Trilogy Energy Corp from C$8.00 to C$7.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 2nd.
Trilogy Energy Corp (TET) traded down 1.27% during mid-day trading on Tuesday, reaching $4.66. The company’s stock had a trading volume of 92,081 shares. The firm’s market capitalization is $587.65 million. The firm has a 50-day moving average of $4.95 and a 200 day moving average of $5.75. Trilogy Energy Corp has a 1-year low of $4.30 and a 1-year high of $8.33.
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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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