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.
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