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.
I would never ever rely on the price target of any analyst, even...
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Last
$2.45 |
Change
0.010(0.41%) |
Mkt cap ! $1.691B | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.51 | $2.43 | $5.243M | 2.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35541 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 2681 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PNV (ASX) Chart |