% | $
Quotes you view appear here for quick access.

Pfizer Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • fizrwinnr11 fizrwinnr11 Aug 29, 2011 5:17 PM Flag

    based on a fair multiple

    Seriously, I think it's worth about seven or eight times the $1.48 consensus earnings estimate for next year. About $10 to $12 a share. In a couple of years when the magnitude of the legacy loan problem becomes known, perhaps more like a ten multiple would be warranted.

    There is a limit though as to how far down the stock should be marked because of the bad loans because the nank has already raised $22B in funds the last month, they still have huge non-core assets such as $50B MER and most reputable analysts still aren't looking for much more than about $25B in unreserved bad loans and in the meantime, the company does have that new capital infusion and their operations are profitable.

32.265+0.135(+0.42%)3:18 PMEDT