Tenaz Energy (TSE:TNZ) Price Target Raised to C$100.00

Tenaz Energy (TSE:TNZ) had its price target upped by National Bank Financial from C$91.00 to C$100.00 in a research report report published on Wednesday,BayStreet reports. They currently have an outperform rating on the stock.

Separately, BMO Capital Markets increased their target price on Tenaz Energy from C$70.00 to C$75.00 in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$81.25.

Tenaz Energy Trading Up 3.7%

Shares of Tenaz Energy stock opened at C$66.00 on Wednesday. Tenaz Energy has a fifty-two week low of C$20.13 and a fifty-two week high of C$76.00. The company has a debt-to-equity ratio of 100.16, a quick ratio of 2.77 and a current ratio of 0.89. The company has a market capitalization of C$2.19 billion, a P/E ratio of 17.65 and a beta of 0.68. The company has a fifty day moving average of C$62.68 and a 200 day moving average of C$58.46.

Tenaz Energy (TSE:TNZ) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$2.58 EPS for the quarter. Tenaz Energy had a return on equity of 29.50% and a net margin of 22.09%.The business had revenue of C$156.69 million for the quarter. On average, sell-side analysts anticipate that Tenaz Energy will post 0.3896418 earnings per share for the current fiscal year.

Tenaz Energy Company Profile

Tenaz Energy Corp. is an energy company focused on the acquisition and sustainable development of international oil and gas assets. Tenaz is the largest natural gas producer in the Netherlands and develops crude oil and natural gas at Leduc-Woodbend in Alberta. Additional information regarding Tenaz is available on SEDAR+ and at www.tenazenergy.com. Tenaz’s Common Shares are listed for trading on the Toronto Stock Exchange under the symbol ‘TNZ’.