Don't kid yourself about broker reports. Usually when a report is released the broker is getting out at the stock at the time and MAY buy in later. The latter is the most positive spin I can put on it.
Dare anyone to take 5 or even more broker reports on many stocks for last 6 or even 12 months and see if target price has been met or the reverse has happened. There are some good stories but they are few and far between.
I disregard many reports particularly when made public.
Bell Potter 26c target, page-10
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Last
51.0¢ |
Change
0.015(3.03%) |
Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.0¢ | 50.0¢ | $51.68K | 102.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75177 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 187769 | 3 |
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| Last trade - 15.45pm 30/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |