Topaz Energy (TSE:TPZ) Given New C$32.50 Price Target at Desjardins

Topaz Energy (TSE:TPZ) had its target price raised by stock analysts at Desjardins from C$31.00 to C$32.50 in a research report issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price objective points to a potential upside of 4.50% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Scotiabank raised Topaz Energy to a “strong-buy” rating in a research report on Friday, November 28th. ATB Cormark Capital Markets lifted their price target on Topaz Energy from C$31.00 to C$33.00 and gave the company a “moderate buy” rating in a research report on Wednesday. TD Securities upped their price target on Topaz Energy from C$30.00 to C$33.00 and gave the stock a “buy” rating in a research note on Wednesday. Jefferies Financial Group lowered their price objective on Topaz Energy from C$31.00 to C$30.00 in a research report on Tuesday, January 20th. Finally, National Bank Financial set a C$33.50 target price on shares of Topaz Energy and gave the company an “outperform” rating in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$33.28.

Topaz Energy Trading Up 1.9%

Shares of TPZ stock traded up C$0.57 during mid-day trading on Thursday, reaching C$31.10. The stock had a trading volume of 458,074 shares, compared to its average volume of 446,626. The company has a current ratio of 1.89, a quick ratio of 7.17 and a debt-to-equity ratio of 36.45. The firm has a market capitalization of C$4.78 billion, a PE ratio of 84.05 and a beta of 0.27. Topaz Energy has a 52-week low of C$21.00 and a 52-week high of C$31.21. The stock’s 50-day moving average price is C$28.09 and its two-hundred day moving average price is C$26.73.

More Topaz Energy News

Here are the key news stories impacting Topaz Energy this week:

• Positive Sentiment: Company guidance & Q4 results showed 10% reserves growth and 1.5x reserve replacement — a fundamentals boost supporting higher valuation. TOPAZ ANNOUNCES 2026 GUIDANCE AND FOURTH QUARTER 2025 RESULTS
• Positive Sentiment: Canaccord raised its price target to C$35 and reiterated a “buy” rating (about +14.6% upside vs. the prior price), lifting sentiment. BayStreet.CA
• Positive Sentiment: TD Securities boosted its target to C$33 and kept a “buy” call, adding another institutional upward revision. BayStreet.CA
• Positive Sentiment: CIBC raised its target to C$33.50 and moved to “outperform,” giving additional broker support. BayStreet.CA Tickerreport.com
• Positive Sentiment: Raymond James lifted its target to C$35 and kept an “outperform” rating, reinforcing upward momentum from multiple brokers. BayStreet.CA
• Positive Sentiment: ATB Cormark increased its target to C$33 and maintained a “moderate buy” stance, contributing to broad-based analyst optimism. BayStreet.CA Zacks.com
• Positive Sentiment: Media note: coverage highlighting the analyst activity pushed the stock to a new 1‑year high, reinforcing momentum. Topaz Energy Sets New 1-Year High
• Neutral Sentiment: Valuation and liquidity context: TPZ trades with a high P/E (~84) and below-average intraday volume, which could temper upside for value-sensitive investors.

About Topaz Energy

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada’s natural gas producers, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies, while maintaining its commitment to environmental, social and governance practices. It generates revenue from the Royalty Assets, which generate the company’s Royalty Production Revenue; and the Infrastructure Assets, which generate the company’s Processing Revenue and Other Income.