Topaz Energy (OTCMKTS:TPZEF) PT Raised to C$26.00

Topaz Energy (OTCMKTS:TPZEFGet Rating) had its target price lifted by CIBC from C$23.00 to C$26.00 in a report released on Thursday morning, The Fly reports.

TPZEF has been the topic of a number of other reports. National Bank Financial lifted their price target on shares of Topaz Energy from C$25.00 to C$27.50 in a report on Thursday. BMO Capital Markets lifted their price target on shares of Topaz Energy from C$23.00 to C$27.00 in a report on Wednesday, March 2nd. Desjardins lifted their price target on shares of Topaz Energy from C$23.00 to C$24.00 in a report on Monday, April 4th. Raymond James lifted their price target on shares of Topaz Energy from C$25.00 to C$26.00 in a report on Friday, February 11th. Finally, Stifel Nicolaus boosted their target price on shares of Topaz Energy from C$24.00 to C$27.25 in a report on Friday, April 1st. Eight analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of Buy and a consensus price target of $25.88.

Shares of OTCMKTS TPZEF opened at $18.03 on Thursday. The firm’s fifty day moving average is $15.90 and its two-hundred day moving average is $14.74. Topaz Energy has a 52-week low of $9.57 and a 52-week high of $18.03.

Topaz Energy Company Profile (Get Rating)

Topaz Energy Corp. operates as a royalty and energy infrastructure company. It operates in Royalty Production and Infrastructure segments. The company holds gross overriding royalty interests on approximately 5.3 million gross acres of developed and undeveloped lands. It is also involved in the natural gas processing and water management infrastructure activities.

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