Trilogy Energy Corp (TET) Receives Average Recommendation of “Hold” from Analysts
Trilogy Energy Corp (TSE:TET) has earned a consensus rating of “Hold” from the eleven research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$6.71.
A number of equities research analysts have weighed in on TET shares. Royal Bank Of Canada decreased their price target on shares of Trilogy Energy Corp from C$7.00 to C$5.00 in a research note on Thursday, July 20th. Scotiabank downgraded shares of Trilogy Energy Corp from a “sector perform” rating to a “tender” rating and set a C$6.00 price target on the stock. in a research note on Monday, July 10th. Laurentian Bank of Canada lifted their price target on shares of Trilogy Energy Corp from C$7.00 to C$8.00 in a research note on Friday, July 7th. National Bank Financial lifted their price target on shares of Trilogy Energy Corp from C$5.00 to C$5.33 and gave the stock a “tender” rating in a research note on Thursday, August 3rd. Finally, TD Securities lifted their price target on shares of Trilogy Energy Corp from C$5.50 to C$6.00 and gave the stock a “hold” rating in a research note on Monday, May 29th.
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Trilogy Energy Corp (TSE TET) remained flat at $5.69 during mid-day trading on Tuesday. 296,926 shares of the company’s stock were exchanged. Trilogy Energy Corp has a 52 week low of $4.30 and a 52 week high of $8.33. The stock has a 50-day moving average price of $5.40 and a 200 day moving average price of $5.08. The company’s market cap is $717.70 million.
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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