Tenaz Energy (TSE:TNZ) Price Target Raised to C$34.00

Tenaz Energy (TSE:TNZ) had its target price lifted by National Bankshares from C$32.00 to C$34.00 in a research report sent to investors on Wednesday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Tenaz Energy Trading Down 1.9%

Shares of Tenaz Energy stock opened at C$26.80 on Wednesday. Tenaz Energy has a 1 year low of C$8.92 and a 1 year high of C$27.61. The firm has a market cap of C$760.21 million, a PE ratio of 5.07 and a beta of 0.73. The stock has a fifty day moving average price of C$22.92 and a 200-day moving average price of C$19.24. The company has a debt-to-equity ratio of 10.56, a current ratio of 1.43 and a quick ratio of 2.77.

Tenaz Energy Company Profile

Tenaz Energy Corp. (TSX:TNZ) is a public energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders.Tenaz has domestic operations in Canada along with offshore gas assets in the Netherlands. The domestic operations consist of a semi-conventional oil project in the Rex member of the Upper Mannville group at Leduc-Woodbend in central Alberta.