Royal Bank Of Canada Increases Topaz Energy (TSE:TPZ) Price Target to C$34.00

Topaz Energy (TSE:TPZ) had its target price lifted by equities research analysts at Royal Bank Of Canada from C$32.00 to C$34.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 9.32% from the company’s previous close.

TPZ has been the topic of several other research reports. Raymond James Financial boosted their price target on Topaz Energy from C$34.00 to C$35.00 and gave the company an “outperform” rating in a research report on Wednesday. ATB Cormark Capital Markets boosted 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. Scotiabank upgraded Topaz Energy to a “strong-buy” rating in a research note on Friday, November 28th. National Bank Financial set a C$33.50 price target on Topaz Energy and gave the stock an “outperform” rating in a report on Friday, January 9th. Finally, Canaccord Genuity Group boosted their price objective on shares of Topaz Energy from C$33.00 to C$35.00 and gave the company a “buy” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$33.28.

Topaz Energy Stock Performance

Topaz Energy stock traded up C$0.57 during midday trading on Thursday, hitting C$31.10. 458,074 shares of the company’s stock were exchanged, compared to its average volume of 446,626. The company has a debt-to-equity ratio of 36.45, a quick ratio of 7.17 and a current ratio of 1.89. The stock has a market cap of C$4.78 billion, a price-to-earnings ratio of 84.05 and a beta of 0.27. Topaz Energy has a 12-month low of C$21.00 and a 12-month high of C$31.21. The firm’s 50 day simple moving average is C$28.09 and its 200 day simple moving average is C$26.73.

Topaz Energy News Summary

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.

Topaz Energy Company Profile

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.