Renowed analyst see $6 2018/2019t’s getting so bad that not even Canadian institutional investors can be convinced to buy Canadian energy company shares, says Grant Fagerheim, CEO of Calgary-based Whitecap Resources Inc.
Its shares, which closed at $9.11 that day, fell as low as $7.48 in early March and closed at $7.99 on Friday
“That’s why we see Canadian investments continually being downgraded.”
A renowed U.S. analysts sees Whitecap shares hovering aroung $ 6 for 2018/2019 as the true value of Whitecap