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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Ernest K Brandt who wrote (3802)2/15/2010 4:34:13 PM
From: Steve Felix  Read Replies (1) | Respond to of 34328
 
Never looked at it, but always like to look at new stocks. Curious if they gave a time frame?

Just looking around there is quite a bit of talk about how fast they have been paying down debt. Maybe why price targets are spread so wide.

Credit Suisse has a 12 month target of $40 but show earnings almost doubling in three years. They think the payout could go from $2 to $2.12 this year.

Year               12/09A     12/10E     12/11E      12/12E
EPS (CS adj.) (US$) 1.50 1.75 2.20 2.95


S+P:

However, we are keeping our 2010 operating EPS estimate of $1.80 as well as our 12-month target price of $44.

The Street.com - buy - target $53.47