OTCPK:TOUBF - Post by User
Post by
dancheon Mar 29, 2010 11:38am
786 Views
Post# 16935044
Scotia raises target to $25.50
Scotia raises target to $25.50¦ Sino-Forest remains well positioned to maintain its fast growth with its strong balance sheet($1.2B cash on hand at December 31, 2009) and given China's continued wood deficit and
favourable forestry policies.
Recommendation
¦ We reiterate our 1-SO rating and have increased our one-year share price target to C$25.50