One energy company operating in Latin America that recently caught my attention is Americas Petrogas (OTCPK:APEOF). The company is focused on the exploration and production of oil and gas principally in Argentina, holding some impressive assets in the country. More impressively, there are a number of analysts who have arrived at price targets that indicate it has the potential to more than double over the next year. However, after reviewing the company's operations and valuing its assets, I believe that these price targets are overly optimistic and at this time Americas Petrogas offers investors potential upside of around 70%.
Investment case summary
A number of analyst hold a particularly bullish view of the outlook for Americas Petrogas...
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