Solid investmentHi,
Look at the chart, read the news, look at the recommendations..all are positive.
Manitoba Telecom Services Inc. ( MBT ) Target: $42.00
Recommendation:
1-Strong Buy
Risk: Low
We are boosting our one-year share price target from $35 to $42, while maintaining our 1-Strong Buy recommendation. The upgrade reflects stronger than expected growth at Bell Intrigna, the Company's 67%-owned competitive local exchange carrier. Intrigna offers a complete portoflio of telecommunications services to businesses in western Canada. Revenues for this business are 15% ahead of budget YTD and should reach a run rate of over $100 million by the end of the year. Consequently, we are almost doubling our previous 2001 revenue forecast for Intrigna, which we believe may still be conservative. We believe that Intrigna alone has the potential to double Manitoba Tel's revenue by 2005.
Source https://www.scotiabank.ca/msn/analyst_recommendations.html
https://investdb.theglobeandmail.com/invest/investSQL/gx.estimate_snapshot?symbol_in=&iaction_in=estimate
G-News