Topaz Energy (TSE:TPZ – Get Free Report) had its price objective increased by equities research analysts at Royal Bank of Canada from C$30.00 to C$32.00 in a report released on Wednesday,BayStreet.CA reports. Royal Bank of Canada’s price target would indicate a potential upside of 13.72% from the stock’s previous close.
Other analysts have also recently issued research reports about the company. Desjardins raised their price target on Topaz Energy from C$30.00 to C$31.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Jefferies Financial Group upped their price target on shares of Topaz Energy from C$27.00 to C$28.00 and gave the company a “buy” rating in a report on Monday, July 15th. BMO Capital Markets increased their price objective on Topaz Energy from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a report on Tuesday, July 30th. TD Securities lifted their target price on shares of Topaz Energy from C$28.00 to C$30.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Canaccord Genuity Group raised their target price on shares of Topaz Energy from C$29.50 to C$31.00 in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, Topaz Energy has a consensus rating of “Moderate Buy” and an average price target of C$31.13.
Get Our Latest Analysis on TPZ
Topaz Energy Trading Up 0.7 %
About Topaz Energy
Topaz Energy Corp. operates as a royalty and energy infrastructure company in Canada. It operates in two segments, the Royalty Assets and the Infrastructure Assets. The company holds royalty interests on approximately 6 million gross acres of developed and undeveloped lands. It also involved in the natural gas processing and water management infrastructure activities.
Featured Articles
- Five stocks we like better than Topaz Energy
- Short Selling: How to Short a Stock
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- Market Cap Calculator: How to Calculate Market Cap
- Breakout Alert: Qualcomm Just Hit The Rally Button
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Receive News & Ratings for Topaz Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Topaz Energy and related companies with MarketBeat.com's FREE daily email newsletter.