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Bullboard - Stock Discussion Forum Freehold Royalties Ltd T.FRU

Alternate Symbol(s):  FRHLF

Freehold Royalties Ltd. is a Canada-based royalty company. It manages non-government portfolios of oil and natural gas royalties in Canada with a sizeable land base in the United States. Its segments include Canada and the United States. Canada segment includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada. The United States segment includes... see more

TSX:FRU - Post Discussion

Freehold Royalties Ltd > Raymond James Targets
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Post by retiredcf on Sep 08, 2023 9:30am

Raymond James Targets

Only posted for the companies that I own. GLTA

After raising his 2023 and 2024 oil price assumptions to match the move in forward prices, Raymond James analyst Jeremy McCrea  made these target changes to intermediate oil and gas companies in his coverage universe:

  • ARC Resources Ltd. ( “outperform”) to $26 from $21. Average: $23.56.
  • Baytex Energy Corp. (BTE-T, “market perform”) to $6.75 from $5.25. Average: $6.94.
  • Crescent Point Energy Corp. ( “outperform”) to $16 from $13. Average: $13.70.
  • Enerplus Corp. ( “outperform”) to US$24 from US$23. Average: $24.92 (Canadian).
  • Freehold Royalties Ltd. (“outperform”) to $20 from $19. Average: $19.02.
  • Tamarack Valley Energy Ltd. ( “outperform”) to $5 from $4.50. Average: $5.77.
  • Tourmaline Oil Corp. ( “strong buy”) to $90 from $85. Average: $80.75.
  • Whitecap Resources Inc. ( “strong buy”) to $16 from $15. Average: $13.70.
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