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Tourmaline Oil (TOU) Stock Forecast & Price Target

Tourmaline Oil logo
C$68.72 -0.44 (-0.64%)
As of 12:20 PM Eastern

Tourmaline Oil - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Sell
0
Hold
2
Buy
10

Based on 12 Wall Street analysts who have issued ratings for Tourmaline Oil in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 2 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for TOU.

Consensus Price Target

C$78.42
14.11% Upside
According to the 12 analysts' twelve-month price targets for Tourmaline Oil, the average price target is C$78.42. The highest price target for TOU is C$93.00, while the lowest price target for TOU is C$73.00. The average price target represents a forecasted upside of 14.11% from the current price of C$68.72.
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TOU Analyst Ratings Over Time

TypeCurrent Forecast
1/8/24 to 1/7/25
1 Month Ago
12/9/23 to 12/8/24
3 Months Ago
10/10/23 to 10/9/24
1 Year Ago
1/8/23 to 1/8/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
11 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 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$78.42C$78.41C$78.38C$84.29
Forecasted Upside14.11% Upside25.84% Upside22.83% Upside36.50% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

TOU Analyst Recommendations 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
2.92
2.81
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent TOU News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/19/2024National Bankshares
1 of 5 stars
 Boost TargetOutperformC$72.50 ➝ C$75.00+23.74%
12/16/2024Jefferies Financial Group
2 of 5 stars
 Boost TargetC$73.00 ➝ C$76.00+23.30%
12/9/2024UBS Group
4 of 5 stars
J. Silverstein
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Boost TargetC$70.00 ➝ C$73.00+16.15%
10/23/2024TD Securities
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 Lower TargetBuyC$77.00 ➝ C$75.00+19.14%
10/22/2024Canaccord Genuity Group
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 Lower TargetC$75.00 ➝ C$74.00+16.76%
9/23/2024Cormark
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B. Watson
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UpgradeHold
8/13/2024Scotiabank
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 Boost TargetOutperformC$90.00 ➝ C$93.00+51.71%
8/13/2024Desjardins
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 Boost TargetBuyC$72.00 ➝ C$75.00+22.35%
5/2/2024CIBC
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 Boost TargetOutperformC$77.50 ➝ C$80.00+21.78%
4/23/2024Stifel Nicolaus
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 Boost TargetBuyC$75.00 ➝ C$80.00+21.21%
3/28/2024BMO Capital Markets
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 Lower TargetC$78.00 ➝ C$75.00+17.96%
3/20/2024ATB Capital
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 Lower TargetOutperformC$85.00 ➝ C$80.00+31.77%
1/19/2024Raymond James
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 Lower TargetStrong-BuyC$90.00 ➝ C$85.00+48.50%
10/17/2023Royal Bank of Canada
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 Boost TargetOutperformC$84.00 ➝ C$86.00+18.52%
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%
1/12/2023Stifel Firstegy
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M. Dunn
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Reiterated RatingBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:37 PM ET.


Should I Buy Tourmaline Oil Stock? TOU Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, January 5, 2025. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com.

Tourmaline Oil
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Tourmaline Oil Corp.:

  • The company recently increased its quarterly dividend to $0.35, reflecting a commitment to returning value to shareholders. This increase from the previous dividend of $0.32 indicates strong financial health and a positive outlook.
  • Tourmaline Oil Corp. has a solid net margin of 30.75%, which suggests efficient management and profitability. A high net margin indicates that the company retains a significant portion of revenue as profit, making it an attractive investment.
  • With a current stock price of C$61.94, the company is trading within a reasonable range compared to its 52-week high of C$69.25, suggesting potential for growth as it approaches previous highs.
  • The company has a return on equity of 10.86%, which is a measure of financial performance that indicates how effectively management is using a company’s assets to create profits. A higher return on equity is generally favorable for investors.
  • Tourmaline Oil Corp. operates in the Western Canadian Sedimentary Basin, a region known for its rich oil and natural gas resources, positioning the company well for future growth in the energy sector.

Tourmaline Oil
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons:

  • The company reported earnings per share (EPS) of C$1.00 for the last quarter, missing analysts' expectations of C$1.26. This shortfall may raise concerns about the company's ability to meet future earnings targets.
  • Tourmaline Oil Corp. had revenue of C$1.47 billion, which was below the consensus estimate of C$1.63 billion. This revenue miss could indicate challenges in sales or market conditions that may affect future performance.
  • The company has a relatively high debt-to-equity ratio of 10.24, which suggests that it relies heavily on debt financing. High levels of debt can be risky, especially in volatile markets, as it may limit financial flexibility.
  • Insider selling activity, such as the sale of 66,000 shares by a senior officer, could signal a lack of confidence in the company's short-term prospects, potentially influencing investor sentiment negatively.
  • The stock has experienced fluctuations, with a recent trading volume of 1,563,270 shares, which is lower than its average volume of 2,401,780. This could indicate reduced investor interest or confidence in the stock at this time.

TOU Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Tourmaline Oil is C$78.42, with a high forecast of C$93.00 and a low forecast of C$73.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last twelve months. There are currently 2 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TOU shares.

According to analysts, Tourmaline Oil's stock has a predicted upside of 14.11% based on their 12-month stock forecasts.

Tourmaline Oil has been rated by research analysts at Canaccord Genuity Group, Jefferies Financial Group, National Bankshares, TD Securities, and UBS Group in the past 90 days.

Analysts like Tourmaline Oil more than other "energy" companies. The consensus rating score for Tourmaline Oil is 2.92 while the average consensus rating score for "energy" companies is 2.81. Learn more on how TOU compares to other companies.


This page (TSE:TOU) was last updated on 1/7/2025 by MarketBeat.com Staff
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