Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

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TSX:BTE - Post Discussion

Baytex Energy Corp > BMO Ups their Target to $4.50 from $2.75

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Post by marquac on Oct 20, 2021 1:53pm

BMO Ups their Target to $4.50 from $2.75

I wonder if RBC will put something out soon?

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Comment by Maxmoe on Oct 20, 2021 2:17pm

Trailing indicators, not leading indicators. All the "big" analysts will be dragged higher as wti moves higher. None will stick their neck out. "Market perform" or "hold" ratings all the way down to 29 cents and all the way back up to $4++. In other words, useless. I miss bow tie guy who stuck his neck out so far he lost his head when he was wrong. Bank guys are rear ...more

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Comment by alkhor on Oct 20, 2021 2:21pm

RBC put out a terget price of $4.00 on October 16th

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Comment by KarlMarx1 on Oct 20, 2021 2:21pm

marquac - RBC just raised its targets on many O&G last week, but failed to change its BTE target... not sure why, as the stock price was approaching their dated target price. Doesn't matter though... higher oil prices X higher production = higher than average increase in value. I shall hold on for the ride.

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