No. of Recommendations: 3
Value Line does have an 18 month price target range of $338-$454, midpoint $396.
Pretty much in the ballpark of what Jim recently postulated:
"For whatever it's worth, if near term valuation levels and business results were to resemble
those typical of the stretch since January 2008, then from the current price of $432.19 per B share, the one year forward return might be
expected to be around inflation -13.6%. If inflation were to come out at 3.25%, that would mean an expected market price of $385.50 in a year."
Thanks Jim!
