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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: Connacher in today's Financial Post/targets

Here are some price targets from Scotia Capital annalist Mark Polak(quoted in the article you posted):

CLL * sector performer *target $2.75

UTS * sector outperform* target $3

I could not find any additional info about what is his target based on. Is it NAVPS ,cash flow or some other imaginary parameters. Looks like the target prices are going down on the hurry.


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