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National Bank of Canada Message Board

  • Mark_B53 Mark_B53 Aug 27, 2009 8:56 AM Flag

    12mo target?

    If they maintain current earnings of $1.79/qtr (pessimistic, IMO), that puts the yearly EPS @ $7.16, with a PE target of 12-13 (also pessimistic, IMO), that puts my conservative price target @ $86-93.

    Of course, double-dip recession and/or interest rates going up will jeopardize this...am I missing something here?

    I have a small position in NA, but this seems like a no-brainer to go up ~40-60% from current levels.

 
NA.TO
49.15+0.23(+0.47%)Jul 30 3:59 PMEDT

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