Concordia Healthcare Corp. T.CXR.R

RE:RE:So I'm in for

[GenericAdvocate]

suitman87 wrote: I'd say maximum around $4.00 until some news arrives ... could expect a $10-20 price target in the next two years.

And what do you base your price target from? Wishful Thinking?
Where is your EV/EBITDA valuation and DCF analysis or are you just using your crystal ball because that is your break even?  

Target price/base case

Our $0.50 (prev. $1.00) price target is based on the average of our EV/EBITDA valuation and DCF analysis. Applying a 9.1x multiple to our 2019 Adj. EBITDA forecast of ~$349MM generates a value of $0.32. Our DCF value (10.7% WACC and a 0% terminal growth rate) equates to $0.66. The average of our EV/EBITDA and DCF values is $0.49, rounded to our $0.50 price target.