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Triangle Petroleum Corporation (TPLM) Message Board

  • limitspecs38 limitspecs38 May 29, 2013 10:02 AM Flag

    TPLM Analysts Ratings

    Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity cut their price target on shares of Triangle Petroleum from $10.00 to $9.00 in a research note to investors on Thursday, May 2nd. They now have a “buy” rating on the stock. Separately, analysts at Imperial Capital downgraded shares of Triangle Petroleum from an “outperform” rating to an “in-line” rating in a research note to investors on Wednesday, April 17th. They now have a $5.50 price target on the stock, down previously from $7.50. Finally, analysts at Topeka Capital Markets initiated coverage on shares of Triangle Petroleum in a research note to investors on Wednesday, March 27th. They set a “buy” rating and a $9.00 price target on the stock.

    One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. Triangle Petroleum presently has an average rating of “Buy” and a consensus target price of $7.78.

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    • bigunit - another buy recommendation put out this morning on TPLM - may want to check it out...

      May 30, 2013 - Global Hunter Securities upgraded Triangle Petroleum (NYSE: TPLM) from Accumulate to Buy with a price target of $8.50..............

      • 1 Reply to limitspecs38
      • what was the rationale for the Global Securities upgrade? I read global is both quant and quual;itative based so they could be seeing the uptick in drilling etc as a fundamental driver?? and i wonder about Imperial's downgrade 4/17 (they had rated it "outperform" 3/7/13 with price at 6.78, target 7.50)- seems like they are followers downgrading on stock performance only? anyone have access to the notes behind any of these analyst ratings?

    • you're welcome bigunit.................I'm here to help........you may want to check into the other 5 buy ratings as well.............

    • cannacord genuity is the underwriter for all the emerald oil stock offerings and absolutely loves that stock. So you are basically equating tplm with eox-not a bad analogy but that tells me all I need to know about this outfit, thanks for the heads up!

      Sentiment: Strong Sell

 
TPLM
11.01-0.58(-5.00%)Sep 30 4:03 PMEDT

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