The Barclays PLC Boosts Trilogy Energy Corp (TET) Price Target to C$6.00

The Barclays PLC Boosts Trilogy Energy Corp (TET) Price Target to C$6.00

Trilogy Energy Corp (TSE:TET) had its price target increased by Barclays PLC from C$5.00 to C$6.00 in a report released on Tuesday.

Several other equities research analysts also recently weighed in on TET. FirstEnergy Capital increased their price target on Trilogy Energy Corp from C$5.00 to C$6.00 and gave the stock a market perform rating in a research report on Monday, August 8th. TD Securities reissued a hold rating and set a C$6.00 target price on shares of Trilogy Energy Corp in a research note on Tuesday, August 9th. National Bank Financial lowered their target price on shares of Trilogy Energy Corp from C$4.50 to C$4.25 in a research note on Wednesday, August 3rd. Scotiabank reissued a sector perform rating and set a C$7.00 target price on shares of Trilogy Energy Corp in a research note on Friday, August 5th. Finally, Royal Bank Of Canada increased their target price on shares of Trilogy Energy Corp from C$5.00 to C$6.00 in a research note on Thursday, July 14th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of C$5.79.

Shares of Trilogy Energy Corp (TSE:TET) opened at 7.60 on Tuesday. Trilogy Energy Corp has a 52 week low of $1.99 and a 52 week high of $8.02. The company’s market capitalization is $958.08 million. The firm’s 50-day moving average price is $6.79 and its 200 day moving average price is $5.58.

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