BKL
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3.89% $80.96 blackmores limited

Growth forecasts

  1. Jakebarnes
    323 Posts.
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    01/01/18
    10:45
    Post #: 29964875
    Hi, has anyone seen any recent analyst growth forecasts for BKl? All I've seen is the Morningstar forecasts on investsmart for 14.4 % growth in 2018 and 11.7% growth the year after. Obviously those figures wouldn't be nearly enough to justify a PE in the mid 49s, at least not one with all the risks associated with a company doing business in China and Asia, so what is underpinning the share price, aside from the general "Chinese market opportunity" vibe?
    BKL Price at posting: $169.17 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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