Stock price when the opinion was issued
He might be a bit early with this. This is a former income trust. Commodity prices (steel) were hurting their margins: they couldn’t raise prices fast enough. They had a very good recent quarter. Talk now is optimistic. He likes turnarounds like this. It’s not very liquid. Don’t chase it. Put in a bid and let sellers come to it. This is a cyclical business, it was a $6 not long ago. (Analysts’ price target is 3.75$)