GREY:PSGLQ - Post by User
Post by
ok2buyon Apr 19, 2016 6:27pm
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Post# 24786118
Analyst Targets
Analyst TargetsI have taken the following from an article posted by "Risers and Fallers" - April 8/2016. Here are the price targets I have included, I am only using those targets from Mar. 8/16 onward. Please Note - I have omitted those targets that were older than Mar.8/16, these targets are all considerably higher and would move the average analyst price target much higher. All price targets are in US $'s. Mar. 14 - Morgan Stanley - $5 (Equal Weight), Mar. 9 - Paradigm Capital - $7.25 (Reiterated a Buy), DA Davidson - $4 (Reiterated a Buy), RBC - $3.50 (Sector Perform), Wedbush - $5 (Outperform), Mar. 8- Wunderlich - $6 (Hold), GMP - $8 (Hold) and Sterne Agee - $6 (Reiterated a Buy). * * THESE 8 ANALYSTS GIVE ME AN AVERAGE PRICE TARGET OF $5.59 (US $'s) PER SHARE. OR USING A 1.25 CONVERSION RATE - $6.99 (CDN) PER SHARE. Based on today's close (CDN $), we still have a considerable amount of upside on PSG. BTW - I used a $ 8 target from GMP as that is what I could find as the most recent. Not a $4 target as posted by hockey1970. Unless he provides a link or the article, I am calling him out on that one./ok2