Canada-invest.com ARTICLE states....Peter Linder, a respected analyst at Research Capital, recently wrote a research report on the matter. He thinks the share prices of Canadian gas producers should continue to rise strongly over the next few months as investors load up on the next potential takeover candidates.
Linder thinks the likes of Anderson, Gauntlet Energy (GAU), Thunder Energy (THY), Canadian Hunter (HTR), and Search Energy (SGY), are prime targets and therefore “strong buys”.
In his research report, Linder gives a quick, one-minute oil and gas takeover reel on two of the top take over candidates:
“Anderson Exploration, 70% weighted to virtually all unhedged gas; 5.6 million net acres excluding frontiers; stock is widely held, trading at only 2.6 times this year’s estimated fully diluted CFPS; excellent exploration prospects in Western Canada, including Yukon, NWT, and the Mackenzie Delta. Our estimated takeover price is $42.00 to $45.00 per share.”
His target price is $60.00 for the stock.
https://www.canada-invest.com/news/energy.html
https://www.canada-invest.com/news/energy.html
https://www.canada-invest.com/news/energy.html