Alterra Power MGMXD

Increase in price target

[valjan1]

National Bank increase price tatget for AXY
Increasing target to $0.75/sh, OP rating Our target is based on an 8% discount rate (equal to 13.5x EV/EBITDA on 2018E). We increased our target by $0.05 /sh, to credit AXY for the potential accretion from reinvestment of its free cash flow in to its growth initiatives. We believe AXY is well positioned to capitalize on U.S. renewable growth with the extension of the ITC and PTC tax incentives. The company is contemplating the start of a dividend and a share consolidation.

[BoldForbes]

I am working too much these days and haven't really digested the earnings...missed the call, but will listen to it later this week. The $0.75 target seems low to me: 1.  13.5 multiple on 2018E doesn't appear to include any additional growth (at first glance) 2.  13.5 multiple x EV/EBITDA seems low compared to current industry (not saying the rest of the industry isn't

[Newstock44]

That was 6 months ago .72 cents value, they look even better at today's worth .90  and 6 months from now ?? It seems easy for stocks to double now a days ex(IVN,DNA) it's all about timing cheers to alterra for 100 percent growth and if your making more than 5 percent(Orka profit soar 800% year to year...I can wait for the dividend when the stock is 12 dollars and is paying out a 3