TD Securities upgraded shares of Talisman Energy (TSE:TLM) from a hold rating to a buy rating in a research report sent to investors on Thursday morning, Stock Ratings Network reports. The firm currently has C$14.00 price target on the stock.
Talisman Energy (TSE:TLM) traded up 0.89% on Thursday, hitting $11.28. The stock had a trading volume of 1,821,789 shares. Talisman Energy has a 52 week low of $10.68 and a 52 week high of $13.83. The stock has a 50-day moving average of $11.47 and a 200-day moving average of $12.13. The company’s market cap is $11.635 billion.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 31st. Stockholders of record on Monday, March 10th will be paid a dividend of $0.0675 per share. This represents a $0.27 annualized dividend and a dividend yield of 2.47%. The ex-dividend date is Thursday, March 6th.
A number of other analysts have also recently weighed in on TLM. Analysts at CIBC initiated coverage on shares of Talisman Energy in a research note on Wednesday. They set a sector underperform rating on the stock. Separately, analysts at BMO Capital Markets cut their price target on shares of Talisman Energy from C$15.00 to C$13.00 in a research note on Friday, February 28th. They now have a market perform rating on the stock. Finally, analysts at FirstEnergy Capital raised their price target on shares of Talisman Energy from C$1.00 to C$11.00 in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. Talisman Energy currently has a consensus rating of Hold and an average target price of C$13.63.
Talisman Energy Inc (TSE:TLM) is a global, diversified, upstream oil and gas company.
To view TD Securities’ full report, visit TD Securities’ official website.
Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.