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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by Ziondogon Jan 10, 2019 1:54am
187 Views
Post# 29210623

RE:RE:RE:hmm

RE:RE:RE:hmm
I think this is a bit on the pessimistic side.


The analysts were touting the target price at well over $2 a few months ago...about half of where it peaked. Now they are touting $1.50 SP in the face of a trade war, a global economic slowdown and lower zinc prices--more headwinds than the company faced before.

In training documents that Schwab offers its clients, they rate analysts' estimates as the least reliable of several estimates of stock performance. Yet, people buy and are influenced to rely of those estimates. We often see these target prices flaunted on this site. I think that Schwab gives their lowest value in evaluating a stock to analysts' estimates because of the dominant historic pattern of stocks to underperform these estimates. That's being realistic, not pessimistic. 
Bullboard Posts