FormerXBC Inc XEBEQ

RE:RE:RE:Getting tired of defending Xebec

[Ciao]

retiredcf wrote: Speaking of GRN, it was just made one of Haywood's top 3 picks for 2022 so at least the sector is still considered by some to have promise. GLTA

the theme is still intact, and for BLDP, outperform...

The Globe and Mail reports in its Wednesday, Jan. 12, edition that National Bank Financial analyst Rupert Merer thinks the shift toward green energy is "unstoppable" and sees "room for upside" in 2022, expecting an improved performance with stocks sitting at 52-week lows. The Globe's David Leeder writes in the Eye On Equities column that accordingly, Mr. Merer continues to rate Ballard Power Systems "outperform." However, he trimmed his share target to $20 (U.S.) from $26 (U.S.). Analysts on average target the shares at $22.24 (U.S.). Mr. Merer says in a note: "With a cash balance of approximately $1.2-billion, Ballard has a strong balance sheet that can be used to advance product development or M&A transactions in 2022. With the growth in the EV markets, we believe that Ballard should also see further partnership development and follow-on orders. We will look for progress towards its 70-per-cent cost reduction target by 2024E, in support of a larger roll-out of hydrogen vehicle platforms in that year. Ballard is active in development with partners MAHLE and Linamar, among others, which could provide some development catalysts in 2022E."