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
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