The Trilogy Energy Corp (TET) Given Hold Rating at TD Securities

The Trilogy Energy Corp (TET) Given Hold Rating at TD Securities

TD Securities reaffirmed their hold rating on shares of Trilogy Energy Corp (TSE:TET) in a research note released on Wednesday. TD Securities currently has a C$7.50 target price on the stock.

Several other brokerages also recently weighed in on TET. Barclays PLC upped their target price on Trilogy Energy Corp from C$5.00 to C$6.00 in a research report on Tuesday, October 11th. Royal Bank Of Canada upped their target price on Trilogy Energy Corp from C$6.00 to C$8.00 in a research report on Thursday, October 13th. RBC Capital Markets upped their target price on Trilogy Energy Corp from C$6.00 to C$8.00 in a research report on Thursday, October 13th. National Bank Financial reaffirmed a sector perform rating and issued a C$7.50 target price on shares of Trilogy Energy Corp in a research report on Wednesday. Finally, Scotiabank reiterated a sector perform rating and issued a C$7.50 price target on shares of Trilogy Energy Corp in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and an average price target of C$6.41.

Trilogy Energy Corp (TSE:TET) opened at 7.11 on Wednesday. Trilogy Energy Corp has a 1-year low of $2.33 and a 1-year high of $8.33. The stock’s market cap is $896.33 million. The company’s 50-day moving average price is $7.17 and its 200-day moving average price is $6.68.

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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