Yesterday, an analyst has provided a rating update for Topaz Energy Corp (TPZ – Research Report). The NA company, Topaz Energy Corp (TSX: TPZ) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Davis is a top 100 analyst with an average return of 28.1% and a 63.5% success rate. Davis covers the NA sector, focusing on stocks such as Tamarack Valley Energy, Headwater Exploration, and Gran Tierra Energy.
Currently, the analyst consensus on Topaz Energy Corp is a Strong Buy with an average price target of C$26.50.
The company has a one-year high of C$24.49 and a one-year low of C$17.76. Currently, Topaz Energy Corp has an average volume of 212.2K.
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.
The company’s shares closed last Monday at C$21.45.
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