Post by
retiredcf on Aug 12, 2020 1:28pm
More Targets + Thomson Reuters Rating
CIBC also released a report entitled: "After the Call: Valuation Discount Remains Illogical" with a price target of $15.00. National Bank has the same target while PI Financial's is $16.00. Finally, as can be seen below, NOA has a perfect score with Thomson Reuters. GLTA
POSITIVE OUTLOOK: NOA is currently among an exclusive group of 98 stocks awarded our highest score of 10.
The score for North American Construction has been on a positive trend from 8 to 10 over the past 7 weeks.-The recent change in the Average Score was primarily due to an improvement in the Earnings and Price Momentum component scores.
The AVERAGE SCORE combines the quantitative analysis of five widely-used investment decision making tools: Earnings,Fundamental, Relative Valuation, Risk, and Price Momentum. A simple average of the underlying component ratings is normallydistributed to rank stocks on a 1-10 scale (10 being awarded to the most favorable). These factors may be evaluated differently usingalternative methodologies and the importance of individual factors varies across industries, market capitalization and investment styles.Additional criteria should always by used to evaluate a stock.
Comment by
Possibleidiot01 on Aug 12, 2020 1:50pm
Jason Mann on BNN mentioned . Top pick! Owned by him North American Construction Group (NOA-T) August 12, 2020 Just starting to pick up price momentum. Construction firm of choice for oil sands. Scores well on valuation. ROE of 30%. As energy improves, this should as well. Yield is 1.71%. (Analysts’ price target is $13.83)