RBC.....On what basis can you have "outperform" target of 50...

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    RBC.....On what basis can you have "outperform" target of 50 cents then issue "sector perform" 20 cents straight after the news that two FN have dropped their concern????

    Sector perform is only valid well all things are equal. However CPL got smacked from 30cents to 16 cents based on the risk of these concerns not being resolved and the delay it has imposed.

    Fair value imo is at least 30 to 33 cents with the risks removed.

    RBC are clueless, I bet their clients who bought the "outperform" target are happy!

    The more I see a gaggle of brokers calling "buy" I watch for the sell off, the opposite applies to their "sell" calls.

 
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