RE:Target RaisedWIth a $10 NAV, they have a price target of $10.50 which in my opinion, is too low. If interest rates are to stay low into 2015 and possibly beyond, plus an ccomodative fed, cheap investment $$$ will continue to be available for Tricon. A case can be made for this stock to trade much above NAV on this potential growth plus the rental revenue stream.
I would say $12 would be a more reasonable target and that may well be too conservative.