Topaz Energy (TSE:TPZ) Given New C$35.00 Price Target at Canaccord Genuity Group

Topaz Energy (TSE:TPZ) had its price objective lifted by Canaccord Genuity Group from C$33.00 to C$35.00 in a research note released on Wednesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages also recently weighed in on TPZ. Canadian Imperial Bank of Commerce lifted their target price on Topaz Energy from C$29.00 to C$33.50 and gave the stock an “outperform” rating in a report on Wednesday. Scotiabank upgraded shares of Topaz Energy to a “strong-buy” rating in a research note on Friday, November 28th. National Bank Financial set a C$33.50 target price on shares of Topaz Energy and gave the stock an “outperform” rating in a research note on Friday, January 9th. ATB Cormark Capital Markets raised their price target on shares of Topaz Energy from C$31.00 to C$33.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Raymond James Financial lifted their price target on shares of Topaz Energy from C$34.00 to C$35.00 and gave the company an “outperform” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. According to MarketBeat, Topaz Energy currently has an average rating of “Buy” and an average price target of C$32.81.

Topaz Energy Stock Performance

TPZ stock opened at C$30.53 on Wednesday. The firm has a market cap of C$4.70 billion, a PE ratio of 82.51 and a beta of 0.27. The company has a current ratio of 1.89, a quick ratio of 7.17 and a debt-to-equity ratio of 36.45. The stock has a 50-day moving average price of C$28.09 and a 200-day moving average price of C$26.73. Topaz Energy has a 1-year low of C$21.00 and a 1-year high of C$31.16.

Topaz Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were paid a $0.34 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.36 annualized dividend and a dividend yield of 4.5%. Topaz Energy’s dividend payout ratio is 362.16%.

Trending Headlines about Topaz Energy

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

• Positive Sentiment: Company guidance and results point to operational strength — Topaz reported 2026 guidance and Q4 2025 results that include 10% reserves growth and 1.5x reserve replacement, a fundamentals-driven positive for future cash flow and production visibility. TOPAZ ANNOUNCES 2026 GUIDANCE AND FOURTH QUARTER 2025 RESULTS
• Positive Sentiment: Canaccord Genuity raised its TPZ target to C$35.00 and reiterated a Buy rating, implying ~13–14% upside vs. recent levels — a bullish signal from a major independent energy analyst. BayStreet.CA
• Positive Sentiment: Raymond James increased its target to C$35.00 and maintains an Outperform call, another notable upward revision supporting consensus analyst optimism. BayStreet.CA
• Positive Sentiment: CIBC raised its target to C$33.50 and moved to Outperform, reinforcing institutional buy-side support; coverage of the move also appears on TickerReport. BayStreet.CA TickerReport
• Positive Sentiment: TD Securities bumped its target to C$33.00 and upgraded to Buy, adding to the string of upgrades and supporting near-term upside expectations. BayStreet.CA
• Positive Sentiment: ATB Cormark raised its target to C$33.00 and rates the stock Outperform, rounding out multiple upward revisions from Canadian brokers. BayStreet.CA

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.