SVC target raised by National Bank to $4.50This morning, National Bank has raised its target for SVC to $4.50. It should be noted that the same report indicates a bid as high as $5.00 could be justified. Here is an excerpt..."All in, we would not rule out the potential to have SVC reach C$5 per share. According to our analysis, at C$5 per share (13.8x EV/EBITDA on our F2017 estimates), we estimate that would generate a levered IRR of over 25% over a five-year investment horizon."