BP price target is $7.75 in their Tech Sector report, dated 12th June
a snip
"Investment Thesis
We maintain our BUY recommendation on Citadel. Our investment thesis is based on: Valuation: Our 12 month price target on Citadel is $7.75. The price target is generated from a blend of three valuation methodologies we apply to the company: PE ratio, EV/EBITDA and DCF. The price target is a 23% premium to the current share price and the total expected return (which includes the forecast dividend yield) is 25%.
CGL Price at posting:
$6.68 Sentiment: None Disclosure: Held
