Petrominerales Ltd PMGLF

Anyone......

[soberinvestor]

......has a more recent analysts rating then the Aug 5 below? I can't find any.

RBC Capital Sets Petrominerales Price Target at $14.00 (PMG)

Posted by Seth Barnet on Aug 5th, 2012 // No Comments

Petrominerales (TSE: PMG) had its price target decreased by RBC Capital from $25.00 to $14.00 in a research note released on Friday morning. They currently have an outperform rating on the stock.

PMG has been the subject of a number of other recent research reports. Analysts at UBS AG cut their price target on shares of Petrominerales from $13.50 to $10.00 in a research note to investors on Friday. They now have a buy rating on the stock. Separately, analysts at CSFB cut their price target on shares of Petrominerales from $11.00 to $8.50 in a research note to investors on Friday. They now have a neutral rating on the stock. Finally, analysts at Haywood Securities cut their price target on shares of Petrominerales from $19.50 to $16.00 in a research note to investors on Friday. They now have an outperform rating on the stock.

[maxleverage]

Here are the facts on PMG: Current stock price of $8-ish is approximately base 2P NAV - estimating about 45 M barrels left (consensus per all the analysts reports which I have read).   The market is not valuing the pipeline assets ($3.50 per share which is the $310 M cost base/ 88 million shares) nor any exploration upside.   When it was a $24 stock, the base NAV was estimated