Tenaz Energy (TSE:TNZ) Price Target Raised to C$23.00 at National Bankshares

Tenaz Energy (TSE:TNZ) had its price target hoisted by National Bankshares from C$21.00 to C$23.00 in a research report sent to investors on Thursday,BayStreet.CA reports.

Separately, National Bank Financial upgraded Tenaz Energy to a “strong-buy” rating in a report on Thursday, February 6th.

Tenaz Energy Stock Performance

Shares of TSE TNZ opened at C$14.55 on Thursday. The company has a debt-to-equity ratio of 10.56, a current ratio of 1.43 and a quick ratio of 2.77. The company has a market cap of C$407.23 million, a PE ratio of 219.44 and a beta of 1.65. The company has a 50-day simple moving average of C$13.11 and a 200-day simple moving average of C$13.16. Tenaz Energy has a 12 month low of C$3.41 and a 12 month high of C$17.12.

About Tenaz Energy

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in Canada and the Netherlands. The company was formerly known as Altura Energy Inc and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy Corp. is headquartered in Calgary, Canada.