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Canaccord reissues BPC’s “speculative buy” rating

Bahamas Petroleum (LON:BPC)‘s stock had its "speculative buy" rating reissued by research analysts at Canaccord Genuity in a report released on Tuesday. They currently have a GBX 9 ($0.15) price target on the stock. Canaccord Genuity’s price objective points to a potential upside of 318.60 per cent from the stock’s previous close. 

Source:
Date:
Updated:
Author:
Sleek Money
Tuesday, September 2, 2014
Tuesday, September 2, 2014
Matt Cooper

BPC

[Note: Any reference to stocks, funds, investment and its underlying recommendation does not reflect the opinion of The Bahamas Investor or any of its contributors.]

Bahamas Petroleum (LON:BPC)‘s stock had its “speculative buy” rating reissued by research analysts at Canaccord Genuity in a report released on Tuesday. They currently have a GBX 9 ($0.15) price target on the stock. Canaccord Genuity’s price objective points to a potential upside of 318.60% from the stock’s previous close.

Shares of Bahamas Petroleum (LON:BPC) opened at 2.20 on Tuesday. Bahamas Petroleum has a one year low of GBX 1.47 and a one year high of GBX 6.85. The stock’s 50-day moving average is GBX 2.3 and its 200-day moving average is GBX 2.65.

This is an excerpt from Sleek Money as it appeared on September 2, 2014. For updates or to read the current version of this post in its entirety, please click here.

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