RE:Desjardins mrbb wrote: 
Interesting.
Based on current business conditions, their 57$ price target uses only a mere 4.6x EV/DACF multiple.
If there is a rerating of all energy companies as this kind of consistent cash flow and stablity in oil prices becomes harder and harder for the market to ignore, logic says we first move back upwards to the historical 6.2 multilple which corresponds to a share price of $76.83.
From there, we can go much higher...