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Replies to post #20972 on Savvy Trades and Investments
cartonet
05/23/16 6:09 AM
#20975 RE: Trent Blair #20972
CPTMatt
06/09/16 9:35 AM
#21435 RE: Trent Blair #20972
Our target price is derived using a multiple of earnings ratio of 15x applied to 2016 earnings per share. Based on our revisions to the model, we increase our target price from C$0.65 to C$0.85 per share, and maintain our Buy rating.