I can't really comment on that sell call.......or at least I don't want to read up a lot on on this company.
Sometimes the "value" function on BMO Investorline gives me odd results.
I have to say its earnings,debt seem OK...although payout ratio is high.
I don't invest in Canadian utilities much so not a lot of comfort there.
BMO does list 8 analyst PT's from $14 to $15...
BMO also gives it a P/E of 27...and in 2008 it dropped from $10 to $2.50...worth noting
I feel its expensive (like NPI,EMA) and interest rates are rising.Again I don't know its inner details and don't want to.
I try to use my own sense of when "the price is right" :)
cheers