Topaz Energy (TSE:TPZ) Price Target Raised to C$32.50 at Desjardins

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

Several other analysts also recently commented on the stock. Raymond James Financial raised their price target on shares of Topaz Energy from C$34.00 to C$35.00 and gave the company an “outperform” rating in a research report on Wednesday. Jefferies Financial Group dropped their target price on shares of Topaz Energy from C$31.00 to C$30.00 in a research report on Tuesday, January 20th. ATB Cormark Capital Markets upped their target price on Topaz Energy from C$31.00 to C$33.00 and gave the company a “moderate buy” rating in a report on Wednesday. Canaccord Genuity Group lifted their price target on Topaz Energy from C$33.00 to C$35.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Royal Bank Of Canada boosted their price objective on Topaz Energy from C$32.00 to C$34.00 and gave the stock an “outperform” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to MarketBeat, Topaz Energy has a consensus rating of “Buy” and a consensus target price of C$33.28.

Topaz Energy Stock Up 1.9%

TSE TPZ traded up C$0.57 on Thursday, reaching C$31.10. The company had a trading volume of 458,074 shares, compared to its average volume of 446,626. The company has a quick ratio of 7.17, a current ratio of 1.89 and a debt-to-equity ratio of 36.45. The company’s fifty day moving average is C$28.09 and its 200 day moving average is C$26.73. Topaz Energy has a 52-week low of C$21.00 and a 52-week high of C$31.21. The stock has a market capitalization of C$4.78 billion, a P/E ratio of 84.05 and a beta of 0.27.

Key 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.