Trilogy Energy Corp (TET) Receives Average Rating of “Hold” from Analysts

Shares of Trilogy Energy Corp (TSE:TET) have been assigned an average rating of “Hold” from the eleven analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$6.71.

TET has been the topic of a number of research reports. Royal Bank Of Canada reduced their target price on shares of Trilogy Energy Corp from C$7.00 to C$5.00 in a report on Thursday, July 20th. Laurentian Bank of Canada upped their price objective on shares of Trilogy Energy Corp from C$7.00 to C$8.00 in a research note on Friday, July 7th. Laurentian upped their price objective on shares of Trilogy Energy Corp from C$7.00 to C$8.00 in a research note on Friday, July 7th. TD Securities upped their price objective on shares of Trilogy Energy Corp from C$5.50 to C$6.00 and gave the company a “hold” rating in a research note on Monday, May 29th. Finally, BMO Capital Markets upped their price objective on shares of Trilogy Energy Corp from C$4.75 to C$5.00 and gave the company a “market perform” rating in a research note on Tuesday, May 9th.

Trilogy Energy Corp (TSE TET) opened at 5.77 on Monday. The company has a 50-day moving average of $5.06 and a 200 day moving average of $5.21. Trilogy Energy Corp has a one year low of $4.30 and a one year high of $8.33. The firm’s market capitalization is $727.79 million.

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About Trilogy Energy Corp

Trilogy Energy Corp. acquires, develops, produces, and sells natural gas, crude oil, and natural gas liquids in Canada. Its petroleum and natural gas properties are primarily located in the province of Alberta. The company’s total proved reserves and total proved plus probable reserves include 101.3 MMBoe and 117.4 MMBoe respectively.

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