National Bank Financial Boosts Trilogy Energy Corp (TSE:TET) Price Target to C$5.33

Trilogy Energy Corp (TSE:TET) had its price objective raised by National Bank Financial from C$5.00 to C$5.33 in a report released on Thursday, August 3rd. The firm currently has a “tender” rating on the stock. National Bank Financial’s price target would indicate a potential downside of 2.02% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. TD Securities raised their price target on shares of Trilogy Energy Corp from C$5.00 to C$5.50 and gave the company a “hold” rating in a research note on Tuesday, May 9th. Laurentian Bank of Canada raised 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. Royal Bank Of Canada reduced 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. Finally, Raymond James Financial, Inc. lifted their target price on shares of 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. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Trilogy Energy Corp presently has an average rating of “Hold” and an average price target of C$6.71.

Shares of Trilogy Energy Corp (TSE:TET) traded down 1.27% during trading on Thursday, hitting $5.44. 231,463 shares of the stock were exchanged. The firm has a 50 day moving average price of $5.15 and a 200 day moving average price of $5.17. The firm’s market capitalization is $686.16 million. Trilogy Energy Corp has a 52 week low of $4.30 and a 52 week 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.

Analyst Recommendations for Trilogy Energy Corp (TSE:TET)

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