All analysis reports incur some form of company or organisational bias (which is always disclosed). Goldman Sachs predicts the world in general will be back to normal around mid 2021-start 2022 based on vaccination hopes. I tend to agree with them but always remember the numbers are always based on predictions such as these.
That is why their estimations are currently higher than other brokers in most sectors, as they are bullish on the world becoming normal again.
Predictions are just that, time is the only thing that will tell if any broker report is correct. Saying this no broker is ever 100% correct but I am with GS on this one and hopeful as an owner of SCG!
IMO
Goldman Sachs 12 Month Target Price $3.57, page-2
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Last
$3.21 |
Change
-0.010(0.31%) |
Mkt cap ! $16.67B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.22 | $3.18 | $17.42M | 5.434M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36767 | $3.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.22 | 210121 | 10 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$3.22 |
Change
-0.010 ( 0.08 %) |
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| Open | High | Low | Volume | ||
| $3.20 | $3.22 | $3.18 | 2100334 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| SCG (ASX) Chart |