Kelt Exploration Ltd T.KEL

This morning's G&M

[Nadia6519]

On Jan. 11, president and chief executive officer David Wilson invested over $266,000 in shares of Kelt. He acquired 57,300 shares at a cost per share of $4.65, increasing this specific account’s position to 19,240,040 shares.

According to Refinitiv, this small-cap stock has 10 buy-equivalent recommendations and two neutral recommendations with an average one-year target price of $8.98, representing a potential return of 82 per cent.

 

[marcrobert]

the latest recommendations are nowhere near $9, more like 6-7. raymond james 6, scotia lopped off 35% 1/17/2023 CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating   Lower Target   C$9.00 C$7.00 +43.74%   1/17/2023 Scotiabank Subscribe to MarketBeat All

[marcrobert]

Can someone post CIBC/RJ /SCOTIA analyst reports after downgrades? thx

[MustangMatt]

trusting bankster analysis and price targets is akin to putting the fox in charge of your chicken coup and trusting it won't eat them all.  Cheers Matthew