Yes I agree. There is nothing to sustain even the current share price. There is no reason why BKL should command a PE greater than the sector average of 14.58. So its possible the SP could stabilize around the sector average PE. This means a SP of $55. So a long possible downtrend to come. IMHO.
BKL Price at posting:
$88.46 Sentiment: None Disclosure: Not Held
