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Bullboard - Stock Discussion Forum Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta's deep basin. The Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. It acquired Repsol Canada Energy Partnership (Repsol... see more

TSX:PEY - Post Discussion

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Post by Windsorman on Jan 04, 2024 3:41pm

latest rating

January 3rd Scotia Bank analyst has a price target of $24.00. Don't give in to traders. GLTA
Comment by stockmarket1 on Jan 04, 2024 3:57pm
Great for us shareholders and no one would complain lol. And yes, don't give in to traders. But, that too menis extreme.  I wonder what they base a $24 price target on? And does the article mention if its a 12 month target or anything else? 
Comment by CJInvestor on Jan 04, 2024 6:27pm
I can't see that happening. My 52 week target is 18 bucks but what do I know. Actually these analysts don't know much either so we are all guessing T this point. Even gurus like EN can't predict the winter or geopolitical influences. 
Comment by stockmarket1 on Jan 04, 2024 7:55pm
Exactly and the ones who follow the markets in depth like us  know very well how often these analysts are wrong. Almost 9 out 10 times I'll go on a limb and call it now.....Peyto will finish 2024 under $20. Maybe under $18 actually and barring no take over occur.  That would then be a game changer. That won't happen either BTW  
Comment by CJInvestor on Jan 05, 2024 8:16am
Let's check back in at the end of the year and see where the dust settles!
Comment by Ganga22 on Jan 04, 2024 7:27pm
Wondering if you have a link to this article or video, please, thanks.