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Topaz Energy (TPZ) Stock Forecast & Price Target

C$26.94
-0.04 (-0.15%)
(As of 10/4/2024 ET)

Topaz Energy - Analysts' Recommendations 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.

Consensus Rating

Sell
0
Hold
0
Buy
11

Based on 11 Wall Street analysts who have issued ratings for Topaz Energy in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 10 have given a buy rating, and 1 has given a strong buy rating for TPZ.

Consensus Price Target

C$29.21
8.42% Upside
According to the 11 analysts' twelve-month price targets for Topaz Energy, the average price target is C$29.21. The highest price target for TPZ is C$34.00, while the lowest price target for TPZ is C$25.00. The average price target represents a forecasted upside of 8.42% from the current price of C$26.94.
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TPZ Analyst Ratings Over Time

TypeCurrent Forecast
10/6/23 to 10/5/24
1 Month Ago
9/6/23 to 9/5/24
3 Months Ago
7/8/23 to 7/7/24
1 Year Ago
10/6/22 to 10/6/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
2 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
10 Buy rating(s)
4 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$29.21C$28.96C$27.67C$27.56
Forecasted Upside8.42% Upside12.77% Upside12.93% Upside29.89% Upside
Consensus Rating
Buy
Buy
Buy
Buy

TPZ 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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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.
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Topaz Energy Stock vs. The Competition

TypeTopaz EnergyEnergy Companies
Consensus Rating Score
3.09
2.79
Consensus RatingBuyModerate Buy
News Sentiment Rating
Positive News

See Recent TPZ News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/1/2024TD Securities
4 of 5 stars
 Boost TargetC$27.00 ➝ C$28.00+7.57%
8/19/2024National Bankshares
1 of 5 stars
 Boost TargetC$28.50 ➝ C$32.50+24.33%
7/30/2024BMO Capital Markets
4 of 5 stars
 Boost TargetOutperformC$29.00 ➝ C$30.00+15.61%
7/30/2024Canaccord Genuity Group
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 Boost TargetBuyC$29.00 ➝ C$29.50+13.68%
7/23/2024Desjardins
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 Boost TargetBuyC$26.50 ➝ C$28.50+15.24%
7/15/2024Jefferies Financial Group
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 Boost TargetBuyC$27.00 ➝ C$28.00+9.80%
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7/15/2024CIBC
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 Boost TargetC$27.00 ➝ C$30.00+17.65%
7/12/2024Scotiabank
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 Boost TargetC$33.00 ➝ C$34.00+34.71%
7/3/2024Royal Bank of Canada
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 Boost TargetOutperformC$27.00 ➝ C$28.00+14.29%
4/23/2024Stifel Nicolaus
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 Boost TargetBuyC$25.00 ➝ C$27.00+20.81%
1/19/2024Raymond James
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 Lower TargetStrong-BuyC$27.00 ➝ C$25.00+29.74%
1/2/2024ATB Capital
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 Lower TargetC$32.00 ➝ C$30.00+55.36%
3/2/2023Cormark
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 Lower TargetC$31.00 ➝ C$28.00+42.86%
1/17/2023Ci Capital
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 Lower TargetC$29.00 ➝ C$27.00+23.85%
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 Saturday at 05:54 AM ET.


TPZ Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Topaz Energy is C$29.21, with a high forecast of C$34.00 and a low forecast of C$25.00.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Topaz Energy in the last year. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TPZ shares.

According to analysts, Topaz Energy's stock has a predicted upside of 8.42% based on their 12-month stock forecasts.

Topaz Energy has been rated by research analysts at BMO Capital Markets, Canaccord Genuity Group, CIBC, Desjardins, Jefferies Financial Group, National Bankshares, Scotiabank, and TD Securities in the past 90 days.

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.


This page (TSE:TPZ) was last updated on 10/5/2024 by MarketBeat.com Staff
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