Ron,
The most likely reason, and it not just HZN, is that the share price has dropped significantly since the previous report. So all things being equal, it becomes a buy.
Brokers' analysts have a tendency to set the target price "not too far" above the current share price = makes it more likely to reach target, and allows them to upgrade valuation if the share price appreciates. Just marketing (generating sales) - which is there main job.
Ron, The most likely reason, and it not just HZN, is that the...
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $308.8M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $363.1K | 1.938M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 1365983 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 2099589 | 11 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| HZN (ASX) Chart |