You're looking at the quant report, that's basically just an algo that takes volume trends into account and makes an estimate on future price.
The actual Morningstar price target is taking market factors and the ANZ deal into account.
The human price targets by Morningstar tend to be more conservative.
$7, page-23
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Last
$2.19 |
Change
-0.010(0.45%) |
Mkt cap ! $1.468B | |||
| Open | High | Low | Value | Volume |
| $2.22 | $2.23 | $2.19 | $6.683M | 2.921M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28730 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 26702 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IFL (ASX) Chart |