S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches

Tourmaline Oil (TOU) Stock Forecast & Price Target

C$62.33
+0.91 (+1.48%)
(As of 03/1/2024 ET)

Tourmaline Oil Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Buy
Based on 12 Analyst Ratings

Analysts' Consensus Price Target

C$78.35
25.70% Upside
High ForecastC$90.00
Average ForecastC$78.35
Low ForecastC$70.00
TypeCurrent Forecast
3/3/23 to 3/2/24
1 Month Ago
2/1/23 to 2/1/24
3 Months Ago
12/3/22 to 12/3/23
1 Year Ago
3/3/22 to 3/3/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
11 Buy rating(s)
10 Buy rating(s)
11 Buy rating(s)
7 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$78.35C$79.04C$84.71C$90.00
Predicted Upside25.70% Upside25.40% Upside18.66% Upside34.45% Upside
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TOU Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TOU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Tourmaline Oil Stock vs. The Competition

TypeTourmaline OilEnergy Companies
Consensus Rating Score
3.08
2.63
Consensus RatingBuyModerate Buy
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/27/2024Jefferies Financial Group
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 Set TargetBuyC$70.00+17.04%
1/23/2024Desjardins
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 Lower TargetBuyC$85.00 ➝ C$76.00+33.40%
1/19/2024Raymond James
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 Lower TargetStrong-BuyC$90.00 ➝ C$85.00+48.50%
1/16/2024TD Securities
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 Boost TargetBuyC$74.00 ➝ C$75.00+27.29%
1/16/2024CIBC
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 Lower TargetOutperformC$82.50 ➝ C$72.50+23.05%
1/16/2024Scotiabank
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 Lower TargetOutperformC$100.00 ➝ C$90.00+52.75%
1/10/2024National Bankshares
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 Lower TargetOutperformC$80.00 ➝ C$70.00+15.17%
1/2/2024ATB Capital
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 Lower TargetC$92.00 ➝ C$85.00+42.31%
12/12/2023BMO Capital Markets
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 Lower TargetC$82.00 ➝ C$78.00+34.37%
10/17/2023Royal Bank of Canada
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 Boost TargetOutperformC$84.00 ➝ C$86.00+18.52%
10/17/2023Canaccord Genuity Group
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 Boost TargetBuyC$75.00 ➝ C$78.00+7.50%
10/16/2023Stifel Nicolaus
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 Boost TargetBuyC$77.00 ➝ C$78.00+9.41%
7/6/2023Veritas Investment Research
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 Reiterated RatingBuy
4/20/2023Barclays
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 Lower TargetC$85.00 ➝ C$75.00+24.94%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:47 AM ET.












TOU Price Target - Frequently Asked Questions

What is Tourmaline Oil's consensus rating and price target?

According to the issued ratings of 12 analysts in the last year, the consensus rating for Tourmaline Oil stock is Buy based on the current 11 buy ratings and 1 strong buy rating for TOU. The average twelve-month price prediction for Tourmaline Oil is C$78.35 with a high price target of C$90.00 and a low price target of C$70.00. Learn more on TOU's analyst rating history.

Do Wall Street analysts like Tourmaline Oil more than its competitors?

Analysts like Tourmaline Oil more than other Energy companies. The consensus rating for Tourmaline Oil is Buy while the average consensus rating for energy companies is Moderate Buy. Learn more on how TOU compares to other companies.

Does Tourmaline Oil's stock price have much upside?

According to analysts, Tourmaline Oil's stock has a predicted upside of 24.83% based on their 12-month stock forecasts.

What analysts cover Tourmaline Oil?

Stock Ratings Reports and Tools

This page (TSE:TOU) was last updated on 3/2/2024 by MarketBeat.com Staff