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Bullboard - Stock Discussion Forum MERUS LABS INTERNATIONAL INC T.MSL

"Merus Labs International Inc is a specialty pharmaceutical company. The Company acquires and licenses novel pharmaceutical products."

TSX:MSL - Post Discussion

MERUS LABS INTERNATIONAL INC > Bank of Nova Scotia has initiated coverage...........
View:
Post by slacker101 on Oct 15, 2015 9:15am

Bank of Nova Scotia has initiated coverage...........

with a sector outperform rating and a $2.80 target which excludes any potential deals. Strong balance sheet and cash to do deals. Good report.  I don't know if the market cares at this point but at least it confirms my original thesis to buy this stock. And that's all that counts, my feelings. :-)
Comment by peter75 on Oct 15, 2015 10:17am
The 2.80 target price is USA dollars also might add if the bank of Nova Scotia  starts coverage on a micro cap under 2.00 big things are coming in my ho i won't say my friend, cause he works for , sorry can't tell ya
Comment by retiredcf on Oct 16, 2015 7:48am
Why would a Canadian bank reviewing a Canadian company, have a price target in US$? Answer: They don't. So we'll have to settle for a 55% upside. GLTA Scotiabank Set Price Target Merus Labs International (MSL) Outperform C$2.80
Comment by peter75 on Oct 16, 2015 8:53am
You are 100 percent correct,  my mistake Td has a 4.00 pt