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What is a target price for MCK?

Posted on 11/29/18 at 5:26 pm
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63876 posts
Posted on 11/29/18 at 5:26 pm
PE is out of whack at the moment due to two large divestures this year, what do the experts think this stock is actually worth today?

My DCA on this one is in the 140's and wondering what to do with it.
Posted by LSUcam7
FL
Member since Sep 2016
7901 posts
Posted on 11/29/18 at 6:18 pm to
If you liked it in the 140s you should like it here. Why’d you buy?
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63876 posts
Posted on 11/29/18 at 7:53 pm to
For ten years i have been buying it from the 60's to the 240's. Average 140.

Why i liked it at 140 is a flawed question.


Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 11/29/18 at 8:15 pm to
If you've been buying it for ten years then your original question about a target price is flawed. If you believe in the company, then buy.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63876 posts
Posted on 11/29/18 at 9:06 pm to
At some point I hope a smart person responds.


I still have hope for this forum.

Posted by bayoubengals88
LA
Member since Sep 2007
18887 posts
Posted on 11/29/18 at 9:23 pm to
the first response is from a financial advisor...

One year price target average is $143
This post was edited on 11/29/18 at 9:35 pm
Posted by LSUcam7
FL
Member since Sep 2016
7901 posts
Posted on 11/29/18 at 9:40 pm to
I’m not being an arse, legit question, so don’t get testy when you’re asking for advice. MCK held its own during a pretty turbulent market.

You know far more than I do about MCK if you’ve owned for a decade. You shouldn’t worry about a stock that held up relatively well in a turbulent market.

Revenue has grown year after year and looks like it has been posting negative YoY profits. If you believe in the company then hang tight and see how the profit story changes.

Firm’s target is $158.
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