The price of BTE is predicted to go up -9.34%, based on the high correlation periods with ANDE. The similarity of these two price pattern on the periods is 96.94%.
BTE
ANDE
Down: -9.34%Similarity: 96.94%
BTE Revenue Forecast
BTE EPS Forecast
BTE FAQs
What is BTE revenue forecast for next quarter?
The market consensus for BTE's revenue in the upcoming quarter is projected to be approximately $927.1M CAD.
Raymond James initiated coverage of Baytex Energy with a Market Perform rating and C$5.50 price target. The firm thinks positioning of the small-cap oil and gas producer group looks compelling with many of the equities trading at material discounts to both larger-cap peers and underlying resource value. While many of the business models have converged, differentiating by asset quality and duration, management track record and valuation "is a good starting point when coupled with a look at potential needle moving catalysts," the analyst tells investors in a research note.