GREY:CXSNF - Post by User
Post by
sculpin2on Mar 26, 2015 7:31am
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Post# 23563065
Target Increase
Target Increase Mackie Research
COUNSEL CORPORATION
CXS (CAD$2.11) – Target: $3.30 – BUY
• Counsel Corporation (CXS-TSX) Q4/14 diluted EPS from continuing operations was $0.05, ahead of our estimate of $0.03
• Up to 3rd in broker channel as market share increased to 10.1%
• Bank approval process ongoing
• Increasing target to $3.30 (from $3.00 to reflect improved earnings outlook)
• Maintain a BUY recommendation