Trade Report: The RBC Capital Markets Raises Trilogy Energy Corp (TET) Price Target to C$8.00

The RBC Capital Markets Raises Trilogy Energy Corp (TET) Price Target to C$8.00

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

Several other analysts have also recently issued reports on TET. FirstEnergy Capital increased their target price on shares of Trilogy Energy Corp from C$5.00 to C$6.00 and gave the stock a market perform rating in a research note on Monday, August 8th. Barclays PLC raised their price objective on shares of Trilogy Energy Corp from C$3.00 to C$5.00 in a research report on Friday, July 22nd. TD Securities restated a hold rating and set a C$6.00 price objective on shares of Trilogy Energy Corp in a research report on Tuesday, August 9th. National Bank Financial lowered their price objective on shares of 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 objective 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 given a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of C$5.79.

Trilogy Energy Corp (TSE:TET) opened at 7.53 on Thursday. The firm’s market cap is $949.25 million. The company has a 50-day moving average of $6.88 and a 200 day moving average of $5.67. Trilogy Energy Corp has a 12-month low of $1.99 and a 12-month high of $8.02.

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