Tamarack Valley Energy Ltd T.TVE

CIBC Raises Targets

[retiredcf]

CIBC World Markets analysts Dennis Fong, Jamie Kubik and Christopher Thompson made a series of target price adjustments to Canadian energy stocks in their coverage universe on Friday.

They made these increases;

• Advantage Energy Ltd. ( “neutral”) to $11.50 from $11. The average on the Street is $13.50.
• Arc Resources Ltd. (“outperformer”) to $35 from $34. Average: $32.22.
• Birchliff Energy Ltd. ( “neutral”) to $6 from $5.75. Average: $6.42.
• Enerflex Ltd. (“neutral”) to US$11.50 from US$8.75. Average: US$11.38.
• Imperial Oil Ltd. ( “neutral”) to $108 from $105. Average: $100.59.
• Kelt Exploration Ltd. ( “outperformer”) to $11.50 from $10. Average: $8.98.
• NuVista Energy Ltd. ( “outperformer”) to $19.50 from $18. Average: $17.39.
• Peyto Exploration & Development Corp. ( “neutral”) to $17.50 from $17. Average: $18.50.
• Strathcona Resources Ltd. ( “outperformer”) to $37 from $35. Average: $34.88.
• Tamarack Valley Energy Ltd. ( “outperformer”) to $6.50 from $5.75. Average: $5.69.
• Topaz Energy Corp. (“outperformer”) to $32 from $31. Average: $31.69.
• Tourmaline Oil Corp. ( “outperformer”) to $80 from $75. Average: $78.18.

[Jimmy1page]

These ever actually happen

[wannabebuffet]

Good to see some of the banks are coming up with price targets long ago made by people on this board. Maybe they are finally getting it?

[IainCaimbeul]

Are the banks now following this board for advice and input to set their price targets? Who knew? :)