Tenaz Energy (TSE:TNZ) Given New C$23.00 Price Target at National Bankshares

Tenaz Energy (TSE:TNZ) had its target price increased by National Bankshares from C$21.00 to C$23.00 in a report released on Thursday morning,BayStreet.CA reports.

Separately, National Bank Financial raised Tenaz Energy to a “strong-buy” rating in a report on Thursday, February 6th.

Tenaz Energy Trading Down 7.4 %

Shares of Tenaz Energy stock opened at C$14.55 on Thursday. The company has a 50-day moving average of C$13.11 and a two-hundred day moving average of C$13.16. The stock has a market cap of C$407.23 million, a PE ratio of 219.44 and a beta of 1.65. The company has a current ratio of 1.43, a quick ratio of 2.77 and a debt-to-equity ratio of 10.56. Tenaz Energy has a 12-month low of C$3.41 and a 12-month high of C$17.12.

About Tenaz Energy

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in Canada and the Netherlands. The company was formerly known as Altura Energy Inc and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy Corp. is headquartered in Calgary, Canada.