I would never ever rely on the price target of any analyst, even if they were a mate who I trusted. Wouldn't even trust a price target if Buffett came up with it himself. Not because they lack the skills, but because of the fact NO ONE can predict future prices - "it's all a fugazi." It's pretty obvious prices don't always reflect the actual fundamentals, and if they did there would be no opportunity to profit on undervalued stocks. Price targets are more a way of indicating just how undervalued (or overvalued) a stock is.
However I do enjoy reading their research. They often have access to info/sources we don't have access to.
broker recommendation, page-269
-
- There are more pages in this discussion • 2 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 PNV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.47 |
Change
-0.120(4.63%) |
Mkt cap ! $1.704B | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.58 | $2.47 | $3.191M | 1.271M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 15844 | $2.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.48 | 22823 | 2 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |