Beach upgraded
Another energy share that will be on watch today isBeach Energy Ltd(ASX: BPT). That’s because Morgans has just upgraded the energy producer’s shares to an add rating with a $1.81 price target. Although it was disappointed with its quarterly update, Morgans believes the worst is now priced in. It said: “We think that the bad news ahead of BPT is already largely in the price and we move to an ADD rating (from HOLD) on valuation upside.”
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Quarterly Report, page-29
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Last
$1.25 |
Change
-0.010(0.79%) |
Mkt cap ! $2.857B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.25 | $3.629M | 2.894M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 152663 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 37821 | 2 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |