Shares of Topaz Energy Corp. (OTCMKTS:TPZEF – Get Rating) have been given an average recommendation of "Buy" by the ten analysts that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a buy recommendation. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $27.93.

A number of research firms have issued reports on TPZEF. National Bank Financial decreased their price objective on Topaz Energy from C$32.00 to C$30.00 in a report on Monday, July 18th. Stifel Nicolaus increased their target price on Topaz Energy from C$30.00 to C$31.25 in a research note on Wednesday, July 27th. Royal Bank of Canada increased their target price on Topaz Energy from C$27.50 to C$28.00 in a research note on Wednesday, May 4th. TD Securities increased their target price on Topaz Energy from C$26.00 to C$27.00 in a research note on Wednesday, May 4th. Finally, CIBC increased their target price on Topaz Energy from C$26.00 to C$30.00 in a research note on Wednesday, June 15th.

Topaz Energy Trading Down 0.2 %

TPZEF opened at $15.99 on Thursday. The stock has a fifty day simple moving average of $16.05 and a two-hundred day simple moving average of $16.54. Topaz Energy has a 12-month low of $9.57 and a 12-month high of $19.68.

Topaz Energy Company Profile

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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