Not exactly, buc. The successor company to former Wall Street investment bank Hallgarten & Company went kaput in 1988. Australian Christopher Ecclestone founded a London company in 2003 that uses the same name but appears to have no connection to the New York firm founded in 1850.
However, this doesn't change the fact that Ecclestone has an optimistic 12-month price target of $4.80 CAD for WUC. Investors should read his report carefully, including the disclosures.
BLR Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held