Baytex Energy Corp T.BTE

Analysts

[Possibleidiot01]

• Baytex Energy (TSE:BTE) (NYSE:BTE) had its price target lowered by analysts at Stifel Nicolaus from C$8.25 to C$7.00. They now have a "buy" rating on the stock. This represents a 62.0% upside from the current price of C$4.32.
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• Baytex Energy (TSE:BTE) (NYSE:BTE) had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$8.00 to C$7.75. They now have a "buy" rating on the stock. This represents a 79.4% upside from the current price of C$4.32.
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• Baytex Energy (TSE:BTE) (NYSE:BTE) had its price target lowered by analysts at ATB Capital from C$7.50 to C$7.00. They now have an "outperform" rating on the stock. This represents a 62.0% upside from the current price of C$4.32.
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• Baytex Energy (TSE:BTE) (NYSE:BTE) had its price target lowered by analysts at National Bankshares, Inc. from C$9.25 to C$8.25. They now have an "outperform" rating on the stock. This represents a 91.0% upside from the current price of C$4.32.

[markymark1]

How did they do with their price targets this year?  

[dandu1924]

The analysts are weird people, and their price targets is almost like the man of weather channel. This is very easy to say  because they adjust always their price targets after some moves , if the share price is going up, they will change  and  increase their price targets and vice-versa. Mostly of those analysts does not motivated their price by some  fundamentals stuffs, just

[Paray99]

Very true. They are simply useless for retail investors. oil will go up and so does the oil stocks

[Marty47]

Analyst are just quak quak people , just get a pay cheque and post stuff , about 90% of them never achieved the price objective they post , if people listen to them you go broke , if you look on Bloomberg past picks and actual most are at negative some -41% return many at 0% I saw one good portfolio manager got a 47% return .....maybe luck but he seem good , Eric the poopy pumper is off the chart

[dandu1924]

This is what I am doing too, I mean  dont listen to analysts and some of this board because I am long and when the stock is going down I am looking to buy more  during the low season ( tax lost, January to March ). I know  some day traders, pennies flippers and shorters does not like it , you can recognize them by their posts. 

[HeavyBanana]

Tax loss January to March? Did they delay it from November, December ...... lol.

[dandu1924]

I wrote " during the low season ( tax lost,,,January to March )  I did put the ,  between  or you can read ( tax lost and January to March ).

[HeavyBanana]

Ok ..... I see what you were conveying now. Thanks for the clarity.