BellPotter Marketing

After examining all of our analysts’ buy-rated stocks with a market capitalisation above $1.0 billion, we have identified ten of them which we particularly like over the next 12 months or so for private clients.

The recent $30m placement significantly strengthens the PolyNovo balance sheet. We maintain a Buy rating, with a Price Target of $2.30.

BPT reported quarterly production of 5.2MMboe (BPe 5.4MMboe), down 8% QoQ, driven by major producing assets performing below expectations, particularly at Western Flank and the Victorian Otways.