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2,164 Posts.
322
15/04/13
22:40
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It has been always difficult for me to understand evaluation of stocks by “prominent” stock brokers.
Here is a very simple example proving this point:
- In a recent Huntleys’ money weekly issue (4 April 2013) this stock has a buy recommendation and a valuation of $2.85
- At the same time a Commsec Research report of 12 April 2013 values the stock as underweight with a 12 month target of $0.75.
So as you can see their evaluation differs by almost 4 times!!! This is unbelievable.
irynka
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