TSX:MRT.DB.A - Post by User
Post by
robbie80on Jul 30, 2021 9:32am
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Post# 33631370
RBC Increased target price from $5.5 to $7
RBC Increased target price from $5.5 to $7Q2 numbers met expections and positive outlook, RBC increased target price to $7. The target price is based on income model. However, all analyst failed to mention that MRT owns Burquitlam plaza, which has huge potential but doesn't contribute any income. If Burquitlam plaza asset is counted, the valuation should be $10 based on current income.