Trilogy Energy Corp (TSE:TET) Has Just Had Its Price Objective Downgraded by Researchers at National Bank Financial to $4.50

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Analysis: Trilogy Energy Corp (TSE:TET) Price Target Upgraded Today

In a note revealed to clients and investors by National Bank Financial on 3 December, the firm, Trilogy Energy Corp (TSE:TET), had their TP lowered to $4.50. Analusts currently have a solid Sector Perform rating on the stock.

From a total of 14 analysts covering Trilogy Energy Corp (TSE:TET) stock, 1 rate it a ”Buy”, 3 a “Sell”, and 9 a ”Hold”. This means that 8% of the ratings are positive. The highest target price is $7.12 while the lowest target price is $3. The mean of all analyst targets is $4.31 with a 36.18% above today’s ($4.56) stock price. Trilogy Energy Corp was the topic of 12 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. National Bank Canada maintained shares on November 26 with “Sector Perform” rating.

Approximately 193,524 shares of stock traded hands. Trilogy Energy Corp (TSE:TET) has declined 48.43% since April 30, 2015 and is downtrending. It has underperformed by 48.14% the S&P500.

Trilogy Energy Corp (TSE:TET) Has Just Had Its Price Objective Downgraded by Researchers at National Bank Financial to $4.50

Trilogy Energy Corp. is a Canada petroleum and natural gas-focused energy company. The company has a market cap of $598.23 million. The Firm develops, produces and sells crude oil, natural gas and natural gas liquids. It currently has negative earnings. The Company’s properties are located in the Kaybob area and Grande Prairie area.

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