TSX:BEI.UN - Post by User
Comment by
malx1on Sep 21, 2021 3:34pm
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Post# 33893399
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results Seems we are on the same page. Thanks for solid post.
There's a few analysts hiding in the woods suggesting new highs for oil in the next few years. I hope that's not the case but I believe that $80-90wti avg would be good for everyone in AB, including the sacred E&P co's.
https://financialpost.com/commodities/energy/oil-gas/eric-nuttall-we-are-about-to-hit-a-production-wall-setting-us-up-for-all-time-high-oil-prices My 2yr target for BEI was $50. Looks like I'm going to be proven wrong.
A year ago you couldn't give these shares away at $30. Now they are up 50% and becoming popular with portfolio managers. Retail children are still too shy for the AB exposure. They will pile in at $60+