So Goldman Sachs expects BAL sales to be 5% lower this year than last year and fair value of 8.30. So we are undervalued still. Sales 20% lower rather than 10-15% lower over the last 6 months. I thought BAL last update during investor day on 30th November. I would expect that not much can change in 1 month? Certainly not an additional 5% decline which would mean in December sales would be horrendous.
BAL Price at posting:
$7.30 Sentiment: Buy Disclosure: Held