TD has a bit of a contrarian view
They came out with a "hold" rating today with a low target of $9.50. Likely part of why it lost a lot of its deserved gain on brilliant news......$8.66 back to $8.12.
The company more than doubled its already large reserves. Double what analysts expected. The annual reserves report is to come out in Feb.....likely another increase in 2P again. but RBC is a real fan with a target of $13.00 and a top pick and TD has a hold and I think the lowest current target of only $9.50. Strange how supposedly smart people can have such divergent views. However it is clear that all targets have gone up even TD from $9.00 to $9.50. Most other targets are in the $10.50-$13.00 range. Gran Tierra is Credit Suisse's preferred name in all of South America.