Trilogy Energy Corp (TET) Price Target Increased to C$8.00 by Analysts at RBC Capital Markets

Trilogy Energy Corp (TSE:TET) had its price target upped by RBC Capital Markets from C$6.00 to C$8.00 in a research note published on Thursday morning.

A number of other equities analysts have also recently issued reports on TET. FirstEnergy Capital increased their target price on Trilogy Energy Corp from C$5.00 to C$6.00 and gave the stock a market perform rating in a report on Monday, August 8th. Barclays PLC increased their target price on Trilogy Energy Corp from C$3.00 to C$5.00 in a report on Friday, July 22nd. TD Securities restated a hold rating and set a C$6.00 price target on shares of Trilogy Energy Corp in a research report on Tuesday, August 9th. National Bank Financial decreased their price target on Trilogy Energy Corp from C$4.50 to C$4.25 in a research report on Wednesday, August 3rd. Finally, Scotiabank restated a sector perform rating and set a C$7.00 price target on shares of Trilogy Energy Corp in a research report on Friday, August 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of C$5.79.

Shares of Trilogy Energy Corp (TSE:TET) opened at 7.61 on Thursday. Trilogy Energy Corp has a 1-year low of $1.99 and a 1-year high of $8.02. The company’s market cap is $959.34 million. The stock has a 50 day moving average price of $6.92 and a 200-day moving average price of $5.70.

About Trilogy Energy Corp

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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