I like the way TD does their analysis They have maintained their $22 price target. The lower target analysts assume thety will not get decent prices for their assets. All of them still assume lower 2nd and 3rd quarter earnings than I do as I beleive every quarter now will be positive. i.e. no negative numbers. If 2019 4th quarter mirrors 4th quarter 2018 then we need to be well over $1.00 for the year. Let's say 1.23 but TD shows just 1.02 and only $1.22 by 2020. If I am correct then TD's target price by year end may jump to $26.4
I am good with my present price target of $24 by Jan of 2021 and at least 20 - 21 by year end 2019. Stil one more quarter of positive surprises and the other analysts might get less cautious.
The announcement of the first sailing from Ripet might give us a little jump around May 15-20 but I am still waiitng to see more shorts closing out so 19 may not be far off. GL longs