Trilogy Energy Corp (TET) Given Consensus Rating of “Hold” by Analysts

Trilogy Energy Corp (TSE:TET) has earned an average recommendation of “Hold” from the eleven brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$6.71.

Several equities research analysts have weighed in on TET shares. Royal Bank Of Canada lowered their price target on Trilogy Energy Corp from C$7.00 to C$5.00 in a report on Thursday, July 20th. TD Securities raised their price target on Trilogy Energy Corp from C$5.50 to C$6.00 and gave the stock a “hold” rating in a report on Monday, May 29th. Laurentian Bank of Canada raised their price target on Trilogy Energy Corp from C$7.00 to C$8.00 in a report on Friday, July 7th. Scotiabank downgraded Trilogy Energy Corp from a “sector perform” rating to a “tender” rating and set a C$6.00 price target for the company. in a report on Monday, July 10th. Finally, National Bank Financial lowered their price target on Trilogy Energy Corp from C$6.00 to C$5.00 and set a “tender” rating for the company in a report on Friday, July 7th.

Shares of Trilogy Energy Corp (TSE:TET) traded down 0.88% during trading on Tuesday, reaching $5.63. The company’s stock had a trading volume of 145,918 shares. Trilogy Energy Corp has a 12-month low of $4.30 and a 12-month high of $8.33. The firm’s 50-day moving average is $5.48 and its 200-day moving average is $5.09. The stock’s market capitalization is $710.13 million.

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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.

Analyst Recommendations for Trilogy Energy Corp (TSE:TET)

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