Topaz Energy (TSE:TPZ) Price Target Raised to C$33.00 at TD Securities

Topaz Energy (TSE:TPZ) had its price target raised by TD Securities from C$30.00 to C$33.00 in a research report released on Wednesday,BayStreet.CA reports. They currently have a buy rating on the stock.

Several other research firms have also recently weighed in on TPZ. Canadian Imperial Bank of Commerce raised their price objective on shares of Topaz Energy from C$29.00 to C$33.50 and gave the company an “outperform” rating in a research report on Wednesday. National Bank Financial set a C$33.50 target price on Topaz Energy and gave the company an “outperform” rating in a research note on Friday, January 9th. ATB Cormark Capital Markets lifted their price target on Topaz Energy from C$31.00 to C$33.00 and gave the stock an “outperform” rating in a research note on Wednesday. Raymond James Financial upped their price objective on Topaz Energy from C$34.00 to C$35.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Canaccord Genuity Group raised their price objective on Topaz Energy from C$33.00 to C$35.00 and gave the company a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$32.81.

Topaz Energy Trading Down 0.2%

Shares of TPZ opened at C$30.53 on Wednesday. Topaz Energy has a 1-year low of C$21.00 and a 1-year high of C$31.16. The company has a market capitalization of C$4.70 billion, a P/E ratio of 82.51 and a beta of 0.27. The company has a debt-to-equity ratio of 36.45, a current ratio of 1.89 and a quick ratio of 7.17. The firm’s 50 day simple moving average is C$28.09 and its 200 day simple moving average is C$26.73.

Topaz Energy Dividend Announcement

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

More Topaz Energy News

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

Topaz Energy Company Profile

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.