Repeating DTG's post on the summary of analysts reports on BLY...

Repeating DTG's post on the summary of analysts reports on BLY below:

Citi hold (price target 33c)
Deutsche Bank buy (price target 38c)
JBWere buy (price target 40c)
Macquarie outperform (price target 40c)
Merrill Lynch neutral (price target 34c)
UBS buy (price target 43c)

My analysis of analysts report is below:

Citi hold (price target 33c) - Nil points out of 10
Deutsche Bank buy (price target 38c)- Nil pts out of 10
JBWere buy (price target 40c)- Nil pts out of 10
Macquarie outperform (price target 40c)- Nil pts out of 10
Merrill Lynch neutral (price target 34c)- Nil pts out of 10
UBS buy (price target 43c)- Nil points out of 10

But closest to the pin goes to Citi.

In conclusion, what a pack of jokers! And to think these guys get paid to breath the same air we do!

Having said that, I am long term optimisitic about BLY HOWEVER, these guys are from major broking houses, and it seems pretty clear to me:
THEIR CLIENTS DO NOT LISTEN TO THEM!!!!! WTF are they truly paid to do, what a bunch of incompetent you know what.

Oh well, onwards and upwards.