Most Recent SU Price ForecastsFirst off all I apologize for sending a post not related to Gaza/Israel or any one of the non SU related posts. Like many of you I like to follow the most recent 12 month price forecasts. I always use Marketbeat. I don't trade necessarily based on these price forecasts, but I believe they are useful for trends. I only follow the most recent forecasts and have noted SU forecasts since September 28:
Scotia Bbost target $44-47 Oct 16
BMO boost target from $44 to 51 Oct 12
National Bank Outperform $57 to $74 Oct 12
Royal Bank Ouperform $49 to 51 Oct 10
TD $49 to $52 Sept 28
The average of these 5 forecasts is $55 but National Bank does distort the average a bit. Regardless imo we are on our way to at least $50 likely by or on SU Q3 report date.