Tourmaline Oil’s (TRMLF) Outperform Rating Reaffirmed at National Bank Financial

National Bank Financial restated their outperform rating on shares of Tourmaline Oil (OTCMKTS:TRMLF) in a report released on Friday, The Fly reports.

Several other analysts have also commented on TRMLF. Scotiabank increased their price target on shares of Tourmaline Oil from $32.00 to $35.00 and gave the company an outperform rating in a research report on Thursday, January 14th. Canaccord Genuity increased their price target on shares of Tourmaline Oil from $21.00 to $24.00 and gave the company a buy rating in a research report on Thursday, November 5th. BMO Capital Markets increased their price target on shares of Tourmaline Oil from $21.00 to $25.00 and gave the company an outperform rating in a research report on Thursday, November 5th. Stifel Nicolaus increased their price target on shares of Tourmaline Oil from $29.25 to $32.00 and gave the company a buy rating in a research report on Friday, November 6th. Finally, Royal Bank of Canada increased their price target on shares of Tourmaline Oil from $23.00 to $25.00 and gave the company an outperform rating in a research report on Friday, November 6th. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Tourmaline Oil presently has an average rating of Buy and an average price target of $26.21.

OTCMKTS:TRMLF opened at $18.81 on Friday. Tourmaline Oil has a 1-year low of $4.69 and a 1-year high of $19.71. The company has a 50-day moving average of $15.89 and a 200 day moving average of $13.81.

Tourmaline Oil Company Profile

Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was founded in 2008 and is headquartered in Calgary, Canada.

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The Fly

Analyst Recommendations for Tourmaline Oil (OTCMKTS:TRMLF)

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