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Raymond James disclosed Trilogy Energy (TSE:TET), hiking its stock price target to $11.50 earlier today

Yesterday Trilogy Energy (TSE:TET) traded 5.21% higher at $7.07. Trilogy Energy’s 50-day moving average is $6.22 and its two hundred day average is $5.12. The last stock close is up 37.97% relative to the two hundred day moving average, compared to the S&P 500 Index which has fallen -0.01% over the same time. 202,261 shares of TET traded, up from ann average trading volume of 161,690.

Reporting a possible upside of 0.63%, Raymond James upped the target price of Trilogy Energy (TSE:TET) to $12

On 8/04/2016, National Bank Financial reported on Trilogy Energy(TSE:TET) lowered the target price from $4.50 to $4.25. At the time, this suggested a downside of -0.26%.

Recent Performance Chart:

Trilogy Energy (TSE:TET)

A total of 14 firms have issued a report on the company. Zero rate the company a strong buy, 0 rate the company a buy, 0 analysts rate the company a hold, 0 rate the stock to underperform, and lastly 0 firmsrate the stock as sell with a consensus target stock price of $4.89

Trilogy Energy has a 52 week low of $1.99 and a 52 week high of $7.26 . TET’s market cap is presently $0.0.

About Trilogy Energy (TSE:TET)

Trilogy Energy Corp. is a Canada-based petroleum and natural gas-focused energy company. The Company acquires, develops, produces and sells natural gas, crude oil and natural gas liquids. The Company’s oil and gas properties are located in the Kaybob area and Grande Prairie area of Alberta. Its Kaybob area properties include Kaybob Montney Oil Pool Development, Presley Montney Gas Development, Duvernay Shale Oil and Gas Development, Gething Oil Development and Dunvegan Oil Play. The Company’s annual production from the Kaybob area is approximately 26, 190 barrels of oil equivalent per day (Boe/d). The Company’s annual production from the Grande Prairie area is approximately 1, 580 Boe/d. Its undeveloped land base consists of approximately 525, 280 gross acres of undeveloped lands, and with multi-zone development potential. The Company’s subsidiary is Trilogy Resources Ltd.

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