QPN 27.3% 0.8¢ quest petroleum nl

Ann: Broker Research Report , page-8

  1. 171 Posts.
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    Hi Sentia,

    Coming from the broking world. I wouldn't pay much attention in the target price.

    The analyst doesn't know where the stock will end up.

    I would read into the story. The Story is compelling and that is what matters.

    Not that I want to take away from this stock but RIO has had target prices of $110 for the last 2 years. WPL has had $89 Target price at some stages in the last 2 years as well.

    Hence I don't have any faith in target prices from analysts.

    Look at MAD- Our analyst has had to revise there target prices 4 times in the last 12 months.
 
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