Most of you likely already know these analyst's ratings as they have been posted on Hyperion's website, but in case you're new to this company:
March 26th...............Rating...........Target
Canaccord Genuity: Buy...............$2.50
GMP Securities: Buy...............$1.75
Casimir Capital Buy...............$2.00
Dundee Capital Buy...............$1.65
Desjardin Captial Buy................$1.80
Not bad a target by any of them. That's a 50% return for the worst of them, and up to almost 150% for the best one.
On TDWaterhouse, it identifies that there are 6 analysts following this company, with three rating it as a Buy, and Three rating it as a strong buy.
all and all, a good message story coming from the analyst community.
If Hyperion raises their targets, which is possible taking into account how much drilling they are doing now, we should expect an increase in the target prices. I believe the Q4 report is coming out at the end of April.
Good luck to all.