2 High-Yield Canadian Dividend Stocks to Watch Now
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 05 2024
0mins
Source: TipRanks
- PetroTal Corp.: Alberta-based oil and gas company in Peru with a dividend yield of 11.87%, reported strong Q1 FY24 results, and announced a strategic acquisition.
- Pine Cliff Energy Ltd.: Alberta-based natural gas and oil exploration company with an 11.56% dividend yield, saw a rise in production but posted a net loss in Q1 FY24.
- Investing in dividend stocks: A good way to diversify portfolios and ensure consistent income, offering double rewards through dividends and share price appreciation.
- PetroTal stock analysis: Moderate Buy consensus rating with significant upside potential and a positive performance in the past year.
- Pine Cliff Energy stock analysis: Moderate Buy consensus rating with slight upside potential, despite a decline in shares over the past year.
Analyst Views on TAL
Wall Street analysts forecast TAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TAL is 13.77 USD with a low forecast of 11.54 USD and a high forecast of 16.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 10.790
Low
11.54
Averages
13.77
High
16.00
Current: 10.790
Low
11.54
Averages
13.77
High
16.00
About TAL
TAL Education Group is a holding company principally engaged in the provision of enrichment learning services and learning content solutions. The Company mainly operates two businesses. The learning services and others business is primarily engaged in the provision of learning services such as small classes, personalized premium services and online course. The learning content solutions business is primarily engaged in the sale of physical products and the digital resources. The Company is also engaged in the provision of Software-as-a-Service (SaaS) services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
