OTCPK:ICPVF - Post by User
Comment by
darter2on May 01, 2019 2:12pm
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Post# 29696053
RE:RE:Analyst ratings and price targets
RE:RE:Analyst ratings and price targetsCSIFail wrote: Nova99 wrote: According to Yahoo Finance and based on the 16 analysts they survey, the average price target for IPL is $25.16, which represents a potential 17% gain from the current price. Two analysts have a "strong buy" rating on the stock, 5 a "buy" rating, 7 a "hold" and 0 sells.
At today's price, with an upside of $25, we get a total return of +$5.11 ($1.71 dividend, $3.4 share gain) for a total return of over 23%. Considering the companies long term prospects are excellent and they have very solid contracts,
buying this stock would seem to be a great investment.
I couldn't agree with you more and I bought some more today at these fire sale prices, and tucked some inside my kids RESP. Making 7 plus percent on your money while you wait you for it rise (which it will eventually based on all the known facts). Sounds like a no brainer to me! Enjoy!