RE:National Bankretiredcf wrote: While most other analysts are raising their targets, this one from National Bank has dropped targets for pretty much every energy company within their coverage. This included the likes of CNQ, SU, CVE, CPG, VET, etc. but the list below are the ones that I own.
And based on our closing price, he's already behind the 8 ball. GLTA
ARC Resources Target Lowered by National Bankshares C$24.00 C$21.00
Birchcliff Energy Target Lowered by National Bankshares C$12.50 C$11.00
Freehold Royalties Target Lowered by National Bankshares C$19.50 C$18.00
Spartan Delta Target Lowered by National Bankshares C$18.00 C$14.50
Tourmaline Oil Target Lowered by National Bankshares C$75.00 C$62.50
Tamarack Valley EnergyTarget Lowered by National Bankshares C$8.00 C$7.00
Whitecap Resources Target Lowered by National Bankshares C$17.50 C$16.00
I received two observations on this from different BBs so I broke out google and did some digging. Couldn't find them all but I located some of them (including two on my list) that were supposedly downgraded and it does look like Marketbeat did indeed post the wrong info on their Friday morning summary page. So all of the numbers on the list should be reversed. Therefore TOU was upgraded from $62.50 to $75.00. GLTA