Quote Originally Posted by steve fleming View Post
FTSE

BVA's EV/EBITDA (08) is 9.74
BVA's EV/EBITDA (09) is 7.48

Current EV/EBITDA ratio for sector ~ 15

Therefore inital target would be $3.00 - increasing to $3.50 - $4.00 over the next 6 - 12 months assuming the story holds
Credit Suisse have re-affirmed their strong buy on BVA with a $2.80 target.