Analyst Recommendationhttps://www.bnnbloomberg.ca/video/eric-nuttall-discusses-enerplus~2057043
BUY
Enerplus Corp (ERF-T)
October 16, 2020
Sold the stock a couple of months ago and then bought back a 5% weight this morning. The stock has probably bottomed. The market wanted them to transact and when they did not execute, the multiple collapsed. At $50 oil, it will trade at 2.3x cashflow. The stock price could triple going forward.
Eric Nuttall
Price
$2.530
Owned
Yes