TSX:ERF - Post Discussion
Post by
retiredcf on Sep 08, 2023 9:30am
Raymond James Raises Targets
Only posted for the companies that I own. GLTA After raising his 2023 and 2024 oil price assumptions to match the move in forward prices, Raymond James analyst Jeremy McCrea made these target changes to intermediate oil and gas companies in his coverage universe:
- ARC Resources Ltd. ( “outperform”) to $26 from $21. Average: $23.56.
- Baytex Energy Corp. (BTE-T, “market perform”) to $6.75 from $5.25. Average: $6.94.
- Crescent Point Energy Corp. ( “outperform”) to $16 from $13. Average: $13.70.
- Enerplus Corp. ( “outperform”) to US$24 from US$23. Average: $24.92 (Canadian).
- Freehold Royalties Ltd. (“outperform”) to $20 from $19. Average: $19.02.
- Tamarack Valley Energy Ltd. ( “outperform”) to $5 from $4.50. Average: $5.77.
- Tourmaline Oil Corp. ( “strong buy”) to $90 from $85. Average: $80.75.
- Whitecap Resources Inc. ( “strong buy”) to $16 from $15. Average: $13.70.
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