Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / LNDNF - Deutsche raises 2022 oil price assumption - upgrades BP to buy

LNDNF - Deutsche raises 2022 oil price assumption - upgrades BP to buy

Lundin Petroleum AB
Deutshce Bank's energy analyst James Hubbard out with a 'look at the year ahead' note this morning, raising 2022e Brent oil price assumption from ~$64 to $75 and raising BP (NYSE:BP) to buy from hold Following the BP upgrade, Hubbard now rates every name in his coverage as a buy, with exceptions Equinor (NYSE:EQNR) and Lundin (OTCPK:LNDNF), which happen to be the best performing names under coverage this year With the sector trading at 7.5x earnings, 14% free cash flow yield and 5% dividend yield on Deutsche's $75 oil price forecast, Hubbard's buy everything approach may work, assuming oil prices cooperate

For further details see:

Deutsche raises 2022 oil price assumption - upgrades BP to buy
Stock Information
Company Name: Lundin Petroleum AB
Stock Symbol: LNDNF
Market: OTC
Website: orron.com
Menu
LNDNF LNDNF Quote LNDNF Short LNDNF News LNDNF Articles LNDNF Message Board
Get LNDNF Alerts

News, Short Squeeze, Breakout and More Instantly...