In an annual forecast issued to its clients, Leader published an analysis of buy recommendations for companies listed for trading on the stock exchange. As reported on by NEWS1, one of the hot recommendations is Israel Canada, with a target price of NIS 15 per share (its current price on the stock exchange on the day the report was published is NIS 7.71 per share).
The review conducted by Leader about Israel Canada’s business is based on the relative advantages of the group, which owns real estate in prime locations in Tel Aviv, Jerusalem, and other areas. Some of the lands were purchased at historically low prices and without significant leverage, so the profitability inherent in them will be relatively high.