Topaz Energy Corp. (TSE:TPZ) Receives C$32.81 Consensus Target Price from Brokerages

Shares of Topaz Energy Corp. (TSE:TPZ) have been given an average rating of “Buy” by the nine ratings firms that are covering the stock, Marketbeat Ratings reports. Eight analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$33.28.

TPZ has been the topic of several analyst reports. Canadian Imperial Bank of Commerce raised their price objective on Topaz Energy from C$29.00 to C$33.50 and gave the stock an “outperform” rating in a report on Wednesday. Royal Bank Of Canada increased their target price on Topaz Energy from C$32.00 to C$34.00 and gave the stock an “outperform” rating in a research report on Thursday. ATB Cormark Capital Markets lifted their price target on Topaz Energy from C$31.00 to C$33.00 and gave the company a “moderate buy” rating in a report on Wednesday. TD Securities upped their price objective on shares of Topaz Energy from C$30.00 to C$33.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Jefferies Financial Group decreased their target price on shares of Topaz Energy from C$31.00 to C$30.00 in a research report on Tuesday, January 20th.

Topaz Energy Stock Up 0.4%

TPZ opened at C$31.16 on Wednesday. The business’s fifty day moving average is C$28.26 and its two-hundred day moving average is C$26.80. The company has a debt-to-equity ratio of 36.45, a quick ratio of 7.17 and a current ratio of 1.89. The company has a market cap of C$4.79 billion, a price-to-earnings ratio of 84.22 and a beta of 0.27. Topaz Energy has a one year low of C$21.00 and a one year high of C$31.42.

Topaz Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Monday, December 15th. Topaz Energy’s dividend payout ratio (DPR) is 362.16%.

More Topaz Energy News

Here are the key news stories impacting Topaz Energy this week:

• Positive Sentiment: Royal Bank of Canada raised its price target to C$34.00 and kept an “outperform” rating—adding upward pressure on the stock. Topaz Energy (TSE:TPZ) Given New C$34.00 Price Target at Royal Bank Of Canada
• Positive Sentiment: Canaccord Genuity lifted its target to C$35.00, the highest published target in this batch, highlighting stronger upside expectations. Canaccord Genuity Group Increases Topaz Energy (TSE:TPZ) Price Target to C$35.00
• Positive Sentiment: Canadian Imperial Bank of Commerce boosted its target to C$33.50, another mid‑30s endorsement that supports continued buying interest. Canadian Imperial Bank of Commerce Boosts Topaz Energy (TSE:TPZ) Price Target to C$33.50
• Positive Sentiment: Desjardins raised its target to C$32.50 and issued a “buy”—another incremental upgrade cited by BayStreet that narrows downside risk. Topaz Energy had its price target raised by analysts at Desjardins
• Positive Sentiment: TD Securities, Raymond James and ATB Cormark published notes expecting price appreciation or raising targets/ratings, reinforcing the broad analyst consensus. Topaz Energy (TSE:TPZ) Stock Price Expected to Rise, TD Securities Analyst Says Topaz Energy (TSE:TPZ) Stock Price Expected to Rise, Raymond James Financial Analyst Says ATB Cormark Capital Markets Forecasts Strong Price Appreciation for Topaz Energy (TSE:TPZ) Stock
• Positive Sentiment: Coverage notes that Topaz hit a new one‑year high after these upgrades, which can trigger momentum buying and stop‑run activity. Topaz Energy (TSE:TPZ) Sets New 1-Year High Following Analyst Upgrade
• Neutral Sentiment: Analysis pieces discuss evolving valuation assumptions and narrative updates—useful for medium‑term investors but less likely to move intraday beyond the analyst headlines. How The Topaz Energy (TSX:TPZ) Narrative Is Evolving With New Targets And Valuation Assumptions
• Negative Sentiment: Valuation and fundamentals pose caution: TPZ’s trailing PE (~84x) is high versus peers, which could cap upside if earnings don’t accelerate to justify the new targets. (Background data: market cap, leverage and liquidity metrics.)

About Topaz Energy

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada’s natural gas producers, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies, while maintaining its commitment to environmental, social and governance practices. It generates revenue from the Royalty Assets, which generate the company’s Royalty Production Revenue; and the Infrastructure Assets, which generate the company’s Processing Revenue and Other Income.