TGA Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Transglobe Energy Corp, the DDM model, as implemented by StockNews, implies a positive return of 289.12% relative to its current price. To help understand and contextualize the model's evaluation of TGA, investors may wish to consider are:

• Relative to all dividend yielding stocks in our set, TGA offers a dividend yield in the top 1.04000000000001% of stocks in our set.
• Beta, a measure of volatility relative to the stock market overall, is lower for Transglobe Energy Corp than it is for 95.37% of other dividend issuers in the Energy sector.
• Based on dividend growth rate, Transglobe Energy Corp has been increasing its dividends at a faster rate than just 2.02% of US-listed dividend-issuing stocks we observed.

TGA Dividends vs. Peers