In a report released today, Aaron Bilkoski from TD Cowen maintained a Buy rating on Topaz Energy Corp (TPZ – Research Report), with a price target of C$31.00. The company’s shares closed yesterday at C$25.33.
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According to TipRanks, Bilkoski is a 5-star analyst with an average return of 11.2% and a 52.14% success rate. Bilkoski covers the Energy sector, focusing on stocks such as Birchcliff Energy, ARC Resources, and Veren.
Currently, the analyst consensus on Topaz Energy Corp is a Strong Buy with an average price target of C$31.71, which is a 25.19% upside from current levels. In a report released today, Jefferies also maintained a Buy rating on the stock with a C$29.00 price target.
TPZ market cap is currently C$3.84B and has a P/E ratio of 58.90.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TPZ in relation to earlier this year.
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