It's now sitting on a FY16 PE of 26.5 and FY17 PE of say 18, even with downgraded consensus numbers for revenue and EPS.
I believe BAL can navigate its way though some of the issues noted by Citi and continue to grow. I’m keeping the faith, but not immune from feeling some pain with the recent price action.
BAL Price at posting:
$11.36 Sentiment: Buy Disclosure: Held