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Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > Bankers Petroleum Ltd. (BNK) Receives “Outperform” Rating
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Post by Quick4you on Apr 28, 2016 7:58pm

Bankers Petroleum Ltd. (BNK) Receives “Outperform” Rating

Bankers Petroleum Ltd. (BNK) Receives “Outperform” Rating from FirstEnergy Capital


Bankers Petroleum Ltd. (TSE:BNK)‘s stock had its “outperform” rating reissued by FirstEnergy Capital in a report released on Thursday (last week), AnalystRatingsNetwork.com reports. 

The stock currently has an average rating of “Hold” and an average target price of C$3.13.

https://www.americanbankingnews.com/2016/04/22/bankers-petroleum-ltd-bnk-receives-outperform-rating-from-firstenergy-capital/
Comment by needwisdom on Apr 28, 2016 8:29pm
how would that be a 'Hold' giving the target price $3.13?!! Shouldn't it be Strong buy instread?
Comment by ChupacabraBueno on Apr 29, 2016 10:31am
Their 'Hold' recommendation (because the upside is only 63.5% at their own target price) is a riddle wrapped in a mystery inside an enigma. Tender/Buy with a target of $2.20 is far more common. And more logical. Almost every share traded in the last 6 months, and most of those traded in the last 9 months are in the hands of someone for whom $2.20 is a worthwhile profit. For many others it ...more  
Big Banc Split Corp