new BUY rec on QEC New equity research coverage on QEC. Now four institutions have big BUY targets.
Norwegian bulg bracket institution Arctic Securities on QEC: Unrisked NAV of NOK 49/share.
"We estimate a risked Core NAV of NOK 9.8/share and a risked NAV of NOK 13.2/share. The majority of NAV is related to Questerre’s Utica asset, which we have risked at 50% for core resources and 90% for the resource upside. Unrisked we estimate a NAV of NOK 49/share"