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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Alan Ridgeway Re-afffirms 50 cent Target
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Post by RodneyCameron on Mar 07, 2017 5:46pm

Alan Ridgeway Re-afffirms 50 cent Target

Anything over $0.00 is too high


Scotiabank Reiterates C$0.50 Price Target for Concordia International Corp (CXR)

Concordia International Corp (TSE:CXR) (NASDAQ:CXRX) received a C$0.50 price target from investment analysts at Scotiabank in a report issued on Monday. The firm currently has an “underperform” rating on the stock. Scotiabank’s price target would suggest a potential downside of 81.88% from the stock’s current price.

Comment by DeathPool on Mar 07, 2017 5:54pm
That makes RBC's price target of one buck look really juicy, hahahahaha RBC will probably lower their PT after earnings. Key points: We are downgrading Concordia to Underperform due to the realistic nature of a fine from the CMA and mandated price reductions on certain drugs. Subsequently, we have lowered our EV/EBITDA multiple from 7.4x to 7.25x, lowering ...more  
Comment by MrHulot on Mar 07, 2017 7:59pm
Hey Death Stool, You trust the analysts? Here is what they were saying 11 months ago. The joke is on you.   Concordia Healthcare Corp. (NASDAQ:CXRX) Broker Price Targets For The Coming Week self.CXR Submitted    11 months ago  by StockCoach1 Concordia Healthcare Corp. (NASDAQ:CXRX) Broker Price Targets For The Coming Week by ...more  
Comment by Rookie89 on Mar 07, 2017 9:55pm
these analysts can suck my balls. If they any idea what they are talking about, noone would have gotten stuck with this mess in the first place.
Comment by meetoo1600 on Mar 07, 2017 10:22pm
Besides, any analyst who really had confidence in what he or she was doing, wouldn't be analyst pumping out garbage at a major institution in exchange for a meagre salary.  He or she would be trading and/or investing on his or her own account. I said it awhile ago, and I will say it again, the analysts (in fact, virtually all of them) have been consistently wrong when it comes to ...more  
Comment by CytochromeP on Mar 08, 2017 7:19am
Have to respond to this with a bit of reality from experience. In the big banks the people that are doing these analyses are typically CFAs, their job is to do analysis on hundred of companies. They get paid very well but typically don't invest their money themselves (not always the case) as it eliminates any potential conflict of interest forbitten by the CFA institute. The issues with this ...more  
Comment by meetoo1600 on Mar 08, 2017 8:36am
Cyto:  That may all be true, but it doesn't address my point.  If you thought that you could accurately, with any meaningful level of reliability, predict which direction a stock was going, would you consider working for a salary at all, even a good one?  No way!  You would be playing the game!  Analysts are simply tools used by the institutional players in an effort ...more  
Comment by CytochromeP on Mar 08, 2017 10:03am
If you actually believed you could accurately predict the direction of a stock you'd belong in an insane asylum. The hidden hand of the marketplace givith and takeith away (some Adam Smith for you).  All information must be taken with scepticism; it's up to the individual to take responsibility for their investments regardless of outside influences. Are you familiar with the CFA ...more  
Comment by Shortingtozero2 on Mar 08, 2017 10:13am
How many days in the red for you now, Cytochrome?  Oh yeah, I fogot you don't care if it goes to zero.   Bahahahahahaha
Comment by CytochromeP on Mar 08, 2017 10:17am
In that last month? Maybe 3-4. Are you going to come up with new insults, this copy/paste garbage is getting old quickly. Come on, innovate, be creative, stop being a mindless drone. Beep Boop.
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