Market Currents
Pacific Coast Oil Trust (ROYT +1.1%) as initiated at Outperform with a $20 target by Baird,...
-
Monday, June 11, 2012, 10:59 AM ETPacific Coast Oil Trust (ROYT +1.1%) as initiated at Outperform with a $20 target by Baird, which estimates the current market value implies an IRR of 9%. The firm notes that units have lost 12% since ROYT's IPO amid falling Brent crude oil prices but states the company is its top royalty trust under coverage with 24% total return potential.
Other date
Latest Energy & Materials Articles
