To give you some perspective, the Ords analyst had a buy when LYC was around $2+ around 2018-19 period, then moved to a sell when MP got revitalised around 2021 when LYC i recalled was around $4+. The analyst had since been stubborn with his call and persisted with the negativity. I vaguely recall he had to keep upgrading his price target without looking ridiculously out of place.
Anyway, bear in mind - sell-side analysts - never rely on them on investment calls. You better off investing indirectly via ETFs than relying on sell-side analyst calls ~ that professional is hamstrung by protocols and rigidity. Also, in my experience, the majority of sell-side analysts do not make good investors ~ only a small minority has proven to do so.
To give you some perspective, the Ords analyst had a buy when...
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4481 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 14225 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |