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Tamarack Valley Energy - TVE Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$4.93
  • Forecasted Upside: 27.26%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
C$3.87 As of 04/24/2024 01:00 AM ET
+0 (0.00%)

This chart shows the closing price for TVE by one month, three months, or twelve months.

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Analyst Price Target for TVE

Analyst Price Target is C$4.93
▲ +27.26% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Tamarack Valley Energy in the last 3 months. The average price target is C$4.93, with a high forecast of C$6.50 and a low forecast of C$4.00. The average price target represents a 27.26% upside from the last price of C$3.87.

This chart shows the closing price for TVE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 9 polled investment analysts is to moderate buy stock in Tamarack Valley Energy. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/22/2024CIBCBoost TargetOutperformC$4.50 ➝ C$5.25
4/17/2024Canaccord Genuity GroupBoost TargetBuyC$4.25 ➝ C$4.75
3/22/2024DesjardinsBoost TargetBuyC$4.50 ➝ C$4.75
3/21/2024BMO Capital MarketsSet TargetMarket PerformC$4.00
2/29/2024Stifel NicolausBoost TargetBuyC$4.75 ➝ C$5.00
2/29/2024ATB CapitalLower TargetOutperformC$6.00 ➝ C$5.50
2/29/2024Royal Bank of CanadaBoost TargetOutperformC$4.00 ➝ C$4.25
2/5/2024Stifel NicolausLower TargetBuyC$5.00 ➝ C$4.75
1/19/2024Raymond JamesLower TargetOutperformC$5.00 ➝ C$4.00
1/16/2024CIBCLower TargetOutperformC$5.25 ➝ C$4.50
1/10/2024National BanksharesBoost TargetOutperformC$6.00 ➝ C$6.50
12/7/2023National BanksharesLower TargetOutperformC$7.00 ➝ C$6.00
12/7/2023BMO Capital MarketsLower TargetMarket PerformC$4.50 ➝ C$4.25
12/7/2023ATB CapitalLower TargetOutperformC$7.00 ➝ C$6.00
12/7/2023Canaccord Genuity GroupLower TargetBuyC$5.75 ➝ C$5.00
12/7/2023Royal Bank of CanadaLower TargetOutperformC$5.50 ➝ C$4.50
12/7/2023Stifel NicolausLower TargetBuyC$6.25 ➝ C$5.00
12/7/2023CIBCLower TargetC$5.75 ➝ C$5.25
12/6/2023DesjardinsSet TargetBuyC$6.00
11/28/2023Stifel NicolausSet TargetC$6.25
10/30/2023Stifel NicolausBoost TargetC$6.00 ➝ C$6.25
10/23/2023Royal Bank of CanadaBoost TargetOutperformC$5.00 ➝ C$5.50
10/20/2023Canaccord Genuity GroupBoost TargetC$5.00 ➝ C$5.75
10/20/2023ATB CapitalBoost TargetC$6.50 ➝ C$7.00
10/16/2023BMO Capital MarketsBoost TargetC$4.00 ➝ C$4.50
10/16/2023Stifel NicolausBoost TargetC$5.50 ➝ C$5.75
10/12/2023National BanksharesBoost TargetOutperformC$6.25 ➝ C$7.00
9/18/2023DesjardinsBoost TargetBuyC$5.50 ➝ C$5.75
9/8/2023Raymond JamesBoost TargetOutperformC$4.50 ➝ C$5.00
7/28/2023ATB CapitalLower TargetC$7.00 ➝ C$6.50
7/28/2023CormarkLower TargetC$5.50 ➝ C$5.25
7/28/2023Stifel NicolausBoost TargetC$5.00 ➝ C$5.50
7/25/2023DesjardinsLower TargetBuyC$6.25 ➝ C$5.50
7/14/2023Raymond JamesLower TargetC$5.00 ➝ C$4.50
7/13/2023BMO Capital MarketsLower TargetC$4.50 ➝ C$4.00
6/29/2023National BanksharesLower TargetC$7.25 ➝ C$6.25
4/17/2023ATB CapitalLower TargetC$7.50 ➝ C$7.00
4/14/2023CIBCLower TargetC$6.00 ➝ C$5.50
3/29/2023Canaccord Genuity GroupLower TargetC$6.00 ➝ C$5.50
3/27/2023BMO Capital MarketsLower TargetC$6.00 ➝ C$5.00
3/3/2023Raymond JamesLower TargetOutperformC$13.00 ➝ C$11.00
3/3/2023Stifel NicolausLower TargetC$6.50 ➝ C$6.25
12/8/2022Raymond JamesDowngradeStrong-Buy ➝ OutperformC$6.50 ➝ C$6.00
12/8/2022Stifel NicolausBoost TargetC$6.25 ➝ C$6.50
12/8/2022CormarkLower TargetC$6.50 ➝ C$6.00
10/31/2022Stifel NicolausBoost TargetC$6.00 ➝ C$6.25
10/28/2022BMO Capital MarketsBoost TargetC$5.00 ➝ C$6.00
10/28/2022Royal Bank of CanadaBoost TargetOutperformC$6.50 ➝ C$7.00
10/14/2022Raymond JamesLower TargetC$7.50 ➝ C$6.50
9/30/2022National BanksharesLower TargetC$9.00 ➝ C$8.00
9/30/2022Stifel NicolausLower TargetC$6.75 ➝ C$6.00
9/28/2022National BanksharesSet TargetOutperformC$9.00
9/28/2022BMO Capital MarketsLower TargetMarket PerformC$6.00 ➝ C$5.00
9/28/2022ATB CapitalBoost TargetC$8.00 ➝ C$8.25
9/13/2022Acumen CapitalLower TargetBuyC$7.75 ➝ C$7.50
9/13/2022CormarkLower TargetBuyC$8.50 ➝ C$7.00
8/2/2022Stifel NicolausLower TargetC$7.25 ➝ C$6.75
7/29/2022Royal Bank of CanadaLower TargetOutperformC$8.00 ➝ C$7.50
7/18/2022National BanksharesLower TargetOutperformC$8.50 ➝ C$8.00
7/13/2022CIBCLower TargetC$8.00 ➝ C$6.50
7/5/2022Raymond JamesBoost TargetStrong-BuyC$7.25 ➝ C$7.50
7/4/2022Stifel NicolausLower TargetC$7.50 ➝ C$7.25
5/4/2022Raymond JamesSet TargetStrong-BuyC$7.25
4/22/2022Royal Bank of CanadaBoost TargetOutperformC$7.00 ➝ C$7.50
4/22/2022Raymond JamesBoost TargetStrong-BuyC$7.00 ➝ C$7.25
4/22/2022ATB CapitalBoost TargetStrong-BuyC$6.50 ➝ C$6.75
4/22/2022CIBCBoost TargetOutperformC$7.00 ➝ C$7.50
4/22/2022National BanksharesBoost TargetOutperformC$8.00 ➝ C$8.50
4/14/2022National BanksharesLower TargetC$8.00 ➝ C$7.00
3/25/2022Raymond JamesBoost TargetStrong-BuyC$6.00 ➝ C$7.00
3/7/2022Raymond JamesSet TargetStrong-BuyC$6.00
3/4/2022Royal Bank of CanadaBoost TargetOutperformC$6.50 ➝ C$7.00
3/4/2022BMO Capital MarketsBoost TargetC$5.25 ➝ C$6.00
3/3/2022CIBCBoost TargetC$6.00 ➝ C$7.00
2/1/2022CIBCBoost TargetOutperformC$5.50 ➝ C$6.00
2/1/2022Raymond JamesReiterated RatingStrong-BuyC$6.00
2/1/2022Stifel NicolausReiterated RatingBuyC$6.50
1/19/2022Raymond JamesBoost TargetStrong-BuyC$5.75 ➝ C$6.00
1/14/2022Royal Bank of CanadaBoost TargetOutperformC$5.00 ➝ C$6.00
1/14/2022Raymond JamesReiterated RatingStrong-BuyC$5.75
1/14/2022Acumen CapitalBoost TargetBuyC$5.00 ➝ C$5.50
1/14/2022Canaccord Genuity GroupBoost TargetC$4.75 ➝ C$5.00
1/13/2022CIBCBoost TargetOutperformC$5.00 ➝ C$5.50
12/16/2021National BanksharesBoost TargetOutperformC$5.00 ➝ C$5.50
12/16/2021ATB CapitalBoost TargetNAC$4.75 ➝ C$5.25
12/16/2021Raymond JamesReiterated RatingStrong-BuyC$5.75
12/16/2021National Bank FinancialBoost TargetOutperformC$5.50
10/28/2021CIBCBoost TargetOutperformC$5.00
10/28/2021Raymond JamesBoost TargetStrong-BuyC$5.50 ➝ C$5.75
10/20/2021BMO Capital MarketsBoost TargetC$3.75 ➝ C$4.00
10/19/2021Raymond JamesBoost TargetStrong-BuyC$4.25 ➝ C$5.50
10/15/2021CIBCBoost TargetNAC$4.00 ➝ C$5.00
9/15/2021Raymond JamesReiterated RatingBuyC$4.25
9/14/2021BMO Capital MarketsReiterated RatingHoldC$3.00
9/14/2021CIBCReiterated RatingOutperformC$4.00
9/14/2021Royal Bank of CanadaReiterated RatingOutperformC$4.00
7/30/2021Acumen CapitalSet TargetC$4.25
7/28/2021CormarkBoost TargetStrong-BuyC$4.50
7/28/2021Raymond JamesReiterated RatingStrong-BuyC$4.25
6/21/2021BMO Capital MarketsBoost TargetNAC$2.75 ➝ C$3.00
6/17/2021National Bank FinancialBoost TargetOutperformC$4.50
6/17/2021National BanksharesBoost TargetC$4.00 ➝ C$4.50
6/2/2021Raymond JamesReiterated RatingStrong-BuyC$4.25
6/2/2021CIBCBoost TargetOutperformC$2.75 ➝ C$4.00
5/5/2021Raymond JamesBoost TargetStrong-BuyC$4.00 ➝ C$4.25
5/3/2021National Bank FinancialReiterated RatingOutperformC$4.00
5/3/2021National BanksharesSet TargetOutperformC$4.00
5/3/2021Royal Bank of CanadaBoost TargetOutperformC$3.25 ➝ C$3.50
4/13/2021Raymond JamesBoost TargetStrong-BuyC$3.50 ➝ C$4.00
4/13/2021ATB CapitalBoost TargetNAC$3.00 ➝ C$3.25
3/26/2021Raymond JamesUpgradeOutperform ➝ Strong-BuyC$2.50 ➝ C$3.50
3/26/2021BMO Capital MarketsBoost TargetStrong-BuyC$2.25 ➝ C$2.75
3/26/2021ATB CapitalBoost TargetStrong-BuyC$2.50 ➝ C$3.00
3/26/2021CIBCBoost TargetStrong-BuyC$2.50 ➝ C$2.75
3/8/2021Royal Bank of CanadaBoost TargetOutperformC$3.00 ➝ C$3.25
3/2/2021Royal Bank of CanadaBoost TargetOutperformC$2.75 ➝ C$3.00
3/2/2021Raymond JamesBoost TargetOutperformC$2.00 ➝ C$2.50
3/2/2021CIBCBoost TargetOutperformC$2.25 ➝ C$2.50
3/2/2021BMO Capital MarketsBoost TargetOutperformC$1.75 ➝ C$2.25
3/2/2021CormarkBoost TargetOutperformC$2.50 ➝ C$3.00
2/19/2021National Bank FinancialBoost TargetOutperformC$2.25 ➝ C$3.00
1/18/2021Raymond JamesBoost TargetOutperformC$1.75 ➝ C$2.00
1/12/2021Raymond JamesSet TargetOutperformC$1.75
1/11/2021ATB CapitalBoost TargetC$1.75 ➝ C$2.00
12/21/2020National Bank FinancialBoost TargetOutperformC$1.50 ➝ C$2.00
12/15/2020Raymond JamesBoost TargetOutperformC$1.35 ➝ C$1.75
12/15/2020TD SecuritiesBoost TargetBuyC$1.40 ➝ C$2.00
12/15/2020ATB CapitalBoost TargetC$1.50 ➝ C$1.75
12/15/2020BMO Capital MarketsBoost TargetC$1.00 ➝ C$1.25
12/15/2020National Bank FinancialBoost TargetOutperformC$1.50 ➝ C$2.00
12/15/2020Royal Bank of CanadaBoost TargetOutperformC$1.25 ➝ C$1.50
11/11/2020Raymond JamesSet TargetOutperformC$1.35
7/17/2020CormarkBoost TargetC$1.40 ➝ C$1.65
7/13/2020Raymond JamesSet TargetMarket PerformC$1.00
7/13/2020CIBCBoost TargetC$1.50 ➝ C$1.75
6/24/2020National Bank FinancialBoost TargetOutperformC$1.25 ➝ C$1.50
6/16/2020Raymond JamesBoost TargetMarket PerformC$0.80 ➝ C$1.00
4/23/2020National Bank FinancialLower TargetOutperformC$2.00 ➝ C$1.50
4/22/2020CIBCLower TargetC$2.00 ➝ C$1.50
4/22/2020Raymond JamesLower TargetMarket PerformC$1.00 ➝ C$0.75
3/25/2020Raymond JamesLower TargetMarket PerformC$1.50 ➝ C$1.00
3/19/2020Raymond JamesSet TargetMarket PerformC$1.50
3/19/2020TD SecuritiesLower TargetBuyC$1.75 ➝ C$1.50
3/16/2020Royal Bank of CanadaLower TargetOutperformC$2.50 ➝ C$1.25
3/12/2020Tudor PickeringReiterated RatingHold
3/12/2020Raymond JamesLower TargetMarket PerformC$3.25 ➝ C$1.50
3/12/2020Tudor Pickering & HoltReiterated RatingHold
3/10/2020National Bank FinancialLower TargetSector PerformC$3.00 ➝ C$2.00
3/6/2020Raymond JamesSet TargetOutperformC$3.25
3/6/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$2.50
2/12/2020Laurentian Bank of CanadaLower TargetC$4.00 ➝ C$3.75
2/12/2020LaurentianLower TargetC$4.00 ➝ C$3.75
1/31/2020National Bank FinancialLower TargetOutperformC$3.50 ➝ C$3.00
1/10/2020Tudor PickeringReiterated RatingBuyC$2.50
1/10/2020Tudor Pickering & HoltSet TargetBuyC$2.50
1/10/2020Raymond JamesSet TargetOutperformC$3.25
11/8/2019TD SecuritiesLower TargetBuyC$3.75 ➝ C$3.50
11/7/2019Raymond JamesReiterated RatingOutperformC$3.25
11/7/2019National Bank FinancialLower TargetOutperformC$3.75 ➝ C$3.50
10/18/2019Royal Bank of CanadaLower TargetC$2.50 ➝ C$2.25
10/15/2019CIBCLower TargetC$3.50 ➝ C$3.00
10/9/2019LaurentianLower TargetC$5.25 ➝ C$4.75
8/15/2019Royal Bank of CanadaReiterated RatingSector PerformC$2.50
8/9/2019Raymond JamesReiterated RatingStrong-BuyC$3.50
8/9/2019BMO Capital MarketsLower TargetC$3.25 ➝ C$3.00
7/24/2019LaurentianLower TargetC$5.50 ➝ C$5.25
7/18/2019CIBCLower TargetC$4.50 ➝ C$3.50
7/11/2019Raymond JamesLower TargetC$5.00 ➝ C$3.50
6/28/2019GMP SecuritiesLower TargetC$4.50 ➝ C$4.25
6/25/2019National Bank FinancialLower TargetOutperformC$4.00 ➝ C$3.75
5/28/2019Raymond JamesBoost TargetStrong-BuyC$4.75 ➝ C$5.00
5/10/2019Raymond JamesReiterated RatingStrong-BuyC$4.75
5/10/2019Eight CapitalBoost TargetC$4.00 ➝ C$4.25
(Data available from 4/25/2019 forward)

News Sentiment Rating

0.95 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2024
  • 8 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 7 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 7 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Tamarack Valley Energy logo
Tamarack Valley Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy Ltd. in June 2010. Tamarack Valley Energy Ltd. was incorporated in 2002 and is headquartered in Calgary, Canada.
Read More

Today's Range

Now: C$3.87
Low: C$3.85
High: C$3.93

50 Day Range

MA: C$3.68
Low: C$3.12
High: C$4.20

52 Week Range

Now: C$3.87
Low: C$2.76
High: C$4.34

Volume

1,184,969 shs

Average Volume

2,248,407 shs

Market Capitalization

C$2.10 billion

P/E Ratio

22.76

Dividend Yield

3.96%

Beta

2.59

Frequently Asked Questions

What sell-side analysts currently cover shares of Tamarack Valley Energy?

The following equities research analysts have issued reports on Tamarack Valley Energy in the last year: ATB Capital, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Cormark, Desjardins, National Bankshares, Inc., Raymond James, Royal Bank of Canada, and Stifel Nicolaus.
View the latest analyst ratings for TVE.

What is the current price target for Tamarack Valley Energy?

10 Wall Street analysts have set twelve-month price targets for Tamarack Valley Energy in the last year. Their average twelve-month price target is C$4.93, suggesting a possible upside of 27.3%. National Bankshares, Inc. has the highest price target set, predicting TVE will reach C$6.50 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$4.00 for Tamarack Valley Energy in the next year.
View the latest price targets for TVE.

What is the current consensus analyst rating for Tamarack Valley Energy?

Tamarack Valley Energy currently has 1 hold rating and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for TVE.

What other companies compete with Tamarack Valley Energy?

Other companies that are similar to Tamarack Valley Energy include Seven Generations Energy, Raging River Exploration, Spartan Energy, Storm Resources and TORC Oil & Gas Ltd. (TOG.TO). Learn More about companies similar to Tamarack Valley Energy.

How do I contact Tamarack Valley Energy's investor relations team?

Tamarack Valley Energy's physical mailing address is 425 1 St SW Suite 600, CALGARY, AB T2P 3L8, Canada. The company's listed phone number is +1-403-2634440. The official website for Tamarack Valley Energy is www.tamarackvalley.ca. Learn More about contacing Tamarack Valley Energy investor relations.