Trilogy Energy (TSE:TET) had its price objective lowered by TD Securities from C$35.00 to C$34.00 in a report released on Tuesday, AnalystRatingsNetwork reports. TD Securities currently has a buy rating on the stock.
TD Securities has also taken action a number of other stocks recently. The firm raised its price target on shares of Canadian National Railway from $110.00 to $113.00. Also, TD Securities initiated coverage on shares of Potash Corp. They issued a hold rating on that stock. Finally, TD Securities initiated coverage on shares of Bank of Nova Scotia. They issued an action list buy rating on that stock and set a C$71.00 price target.
Other equities research analysts have also recently issued reports about the stock. Analysts at CIBC cut their price target on shares of Trilogy Energy from C$38.00 to C$34.00 in a research note to investors on Friday, September 27th. They now have a sector outperform rating on the stock. Separately, analysts at RBC Capital upgraded shares of Trilogy Energy from a sector perform rating to an outperform rating in a research note to investors on Friday, September 27th. They now have a C$33.00 price target on the stock. Finally, analysts at Scotiabank cut their price target on shares of Trilogy Energy from C$37.00 to C$36.00 in a research note to investors on Thursday, August 8th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of C$33.40.
Trilogy Energy (TSE:TET) opened at 28.78 on Tuesday. Trilogy Energy has a one year low of $23.56 and a one year high of $33.14. The stock has a 50-day moving average of $28.13 and a 200-day moving average of $29.62. The company has a market cap of $3.391 billion and a price-to-earnings ratio of 167.35.
The company also recently declared a oct 13 dividend, which is scheduled for Friday, November 15th. Shareholders of record on Thursday, October 31st will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Tuesday, October 29th.
Trilogy Energy Corp. (TSE:TET) is petroleum and natural gas-focused corporation, which acquires, develops, produces and sells natural gas, crude oil and natural gas liquids.
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