TSX:ARX - Post Discussion
Post by
retiredcf on Apr 15, 2024 5:53am
Jefferies
Jefferies analyst Lloyd Byrne raised his target prices for a group of Canadian energy stocks on Friday. His changes include:
- ARC Resources Ltd. ( “buy”) to $30 from $28. The average on the Street is $27.38.
- Canadian Natural Resources Ltd. ( “hold”) to $110 from $86. Average: $106.97.
- Cenovus Energy Inc. ( “buy”) to $36 from $28. Average: $31.86.
- MEG Energy Corp. ( “hold”) to $35 from $28. Average: $32.77.
- Strathcona Resources Ltd. ( “hold”) to $36 from $26. Average: $34.50.
- Suncor Energy Inc. ( “hold”) to $53 from $50. Average: $52.69.
- Tourmaline Oil Corp. ( “buy”) to $75 from $70. Average: $76.63.
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