Pineapple
1)
All of the analysts have lowered their targets.
Their targets used to be over $100 and when a stock goes to the $30's, then
they look like fools setting one year targets to $110 so they lower them to between $60 and $80 and STILL rate it a STRONG BUY.
As the stock price gets higher, like it is now, then those SAME analysts, boost up their targets to $70 - $90 whcih you will see soon since that is the next step for them to take.
2)
Yes they have 10% growth yoy. Yes they will not be buying a major company like they did in the next 5 years until their debt is under control. BUT what you refuse to see is that their guided EPS is $6.29-$6.77 all in US.
This makes it $9CND. Put a simple multiple of 15 and you get a price of $135CAN NOW.
I mean that is what CXR is worth NOW.
From that, you take 10% yoy and add that to the price for each year.
So what I am saying is that I agree with you. The growth is not as strong as a stock growing at 30 X but CXR is cheap since it should be at $135 NOW.
3) Watch this video of the CEO talking about the debt with Andrew Mcreath to which,
Andrew liked it so much that he bought CXR shares right away for his fund and said it on TV that he did so.
https://www.bnn.ca/Video/player.aspx?vid=739294
Yes Pineapple, growth is slower now, BUT you must start with a base price of $135.
If you start from $50, then price will move much faster since it should have been at $135 to begin with.
Thanks for reading if you guys made it this far, lol)