RBC Capital Reaffirms Their Buy Rating on Topaz Energy Corp (TPZ)

In a report released yesterday, Michael Harvey from RBC Capital maintained a Buy rating on Topaz Energy Corp, with a price target of C$34.00.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

According to TipRanks, Harvey is a top 100 analyst with an average return of 26.4% and a 68.08% success rate. Harvey covers the Energy sector, focusing on stocks such as Whitecap Resources, Tourmaline Oil, and Advantage Energy.

Topaz Energy Corp has an analyst consensus of Strong Buy, with a price target consensus of C$35.08.

Based on Topaz Energy Corp’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$92.25 million and a net profit of C$34.04 million. In comparison, last year the company earned a revenue of C$92.16 million and had a net profit of C$12.29 million