RE:RE:RE:TD slashes targets..Guys- I can't find that 60 cent price target anywhere in search engines, do you have a link?
I find it hard to believe they would cut it that much, esp. since NKO is potentially due 30M$ from the Bangladesh government (pending decision mid-next month, and payout possiblymid-next year, as per articles posted on this BB earlier today). That right there is worth 30cents per share.
Why didn't TD predict insolvency when the gas price was 4.2, and there was no promise of price increase, like a few years ago? Now, that the gas price has gone up, and is supposedly going to steadily increase, they are predicting insolvency? I'm gonna' need to see proof that they are actually saying that because it makes no sense. Inconsistent predictions like that should result in someone at TD losing their job.
In any event, refer to link below, Yaho finance which takes a consensus of several brokers, instead of just one, to assign a target. Updated yesterday with a mean target of 2.95$.
https://ca.finance.yahoo.com/q/ao?s=NKO.TO