Goldman Sachs upgraded Amplitude Energy (COPJF) to Buy from Neutral with a A$0.26 price target The stock offers an attractive set-up when considering the company’s opportunity to grow EBITDA over 90% over the next 3 years as stable Orbost production is supported by the re-pricing of legacy gas contracts, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COPJF:
- Amplitude Energy Announces Board Changes with Ian Davies as Chairman-elect
- Mitsubishi UFJ Financial Group Acquires Substantial Holding in Amplitude Energy
- Amplitude Energy Sees Increased Stake from L1 Capital
- Amplitude Energy Director Increases Stake with Significant Share Acquisition
- Amplitude Energy Updates Investor Presentation with New Resource Details
