Topaz Energy (TPZ) Stock Forecast & Price Target

C$19.08

-0.27 (-1.40%)

(As of 12/5/2023 ET)

Compare

Today's Range: C$19.08
▼
C$19.49
50-Day Range: C$19.08
▼
C$21.90
52-Week Range: C$17.76
▼
C$23.19

Volume: 171,461 shs
Average Volume: 249,834 shs
Market Capitalization: C$2.76 billion

P/E Ratio: 59.63
Dividend Yield: 6.50%
Price Target: C$27.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Topaz Energy 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 7 Analyst Ratings

Analysts' Consensus Price Target

C$27.50
44.13% Upside

High Forecast	C$32.00
Average Forecast	C$27.50
Low Forecast	C$24.00

Type	Current Forecast 12/6/22 to 12/6/23	1 Month Ago 11/6/22 to 11/6/23	3 Months Ago 9/7/22 to 9/7/23	1 Year Ago 12/6/21 to 12/6/22
Consensus Rating	Buy	Buy	Buy	Buy
Strong Buy	1 Strong Buy rating(s)	2 Strong Buy rating(s)	2 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 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 Target	C$27.50	C$27.85	C$27.48	C$30.57
Predicted Upside	44.13% Upside	31.39% Upside	31.84% Upside	38.46% Upside

Get Topaz Energy Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for TPZ and its competitors with MarketBeat's FREE daily newsletter.

TPZ 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.

TPZ 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.

Topaz Energy Stock vs. The Competition

Type	Topaz Energy	Energy Companies
Consensus Rating Score	3.00	2.61
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/1/2023	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$28.00 ➝ C$28.50	+30.26%
10/31/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	C$23.00 ➝ C$24.00	+13.53%
10/31/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$25.25 ➝ C$25.50	+20.62%
10/20/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$27.50 ➝ C$28.00	+29.39%
10/16/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$26.75 ➝ C$26.50	+21.28%
9/8/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy	C$26.00 ➝ C$27.00	+22.17%
3/27/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$30.00 ➝ C$28.00	+50.54%
3/2/2023	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$31.00 ➝ C$28.00	+42.86%
3/1/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$30.00 ➝ C$28.00	+46.37%
1/17/2023	Ci Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$29.00 ➝ C$27.00	+23.85%
1/17/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$33.00 ➝ C$32.00	+46.79%
1/12/2023	Stifel Firstegy Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Dunn Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:42 AM ET.

TPZ Price Target - Frequently Asked Questions

What is Topaz Energy's consensus rating and price target?: According to the issued ratings of 7 analysts in the last year, the consensus rating for Topaz Energy stock is Buy based on the current 1 hold rating, 5 buy ratings and 1 strong buy rating for TPZ. The average twelve-month price prediction for Topaz Energy is C$27.50 with a high price target of C$32.00 and a low price target of C$24.00. Learn more on TPZ's analyst rating history.
Do Wall Street analysts like Topaz Energy more than its competitors?: Analysts like Topaz Energy more than other Energy companies. The consensus rating for Topaz Energy is Buy while the average consensus rating for energy companies is Moderate Buy. Learn more on how TPZ compares to other companies.
Does Topaz Energy's stock price have much upside?: According to analysts, Topaz Energy's stock has a predicted upside of 31.20% based on their 12-month stock forecasts.

What analysts cover Topaz Energy?: Topaz Energy has been rated by Canaccord Genuity Group, CIBC, Desjardins, Raymond James, Stifel Nicolaus, and TD Securities in the past 90 days.

Stock Ratings Reports and Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

This page (TSE:TPZ) was last updated on 12/6/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial