AWE awe limited
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$0.50-$0.52 may be right prices to buy. Overbought?

  1. HSP
    5,051 Posts.
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    09/03/16
    18:10
    Post #: 17230785
    At least, USB believed AWE is Overbought.
    UBS retains a view that Brent will still average US$42.50/bbl in 2016, US$55/bbl in 2017, US$70/bbl in 2018, rising to US$75/bbl from 2019.
    but UBS Downgraded AWE to Sell from Buy

    Column 1 Column 2 Column 3
    0 at the moment Brent Oil US$39.95


    in 12 months AWE only worthed $0.67 without any dividend even oil upto US$42.50/bb
    UBS clients may take profits atm
    $0.50-$0.52 may be right prices to buy
    AWE Price at posting: 66.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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