Australia's largest stock trading and investment forum Australia's #1 stock forum

BYL

Click for more information

0.00%

8.0¢ brierty limited

H! Report due 23 Feb, page-2

First 2 Last

Share
Profile

Follow
oyesthegreaseballs

120 Posts.

11/02/16

21:32

Post #: 16999704
Share
Originally posted by Pioupiou ↑

According to http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=BYL:ASX “The one analyst offering a 12 month price target expects Brierty Limited share price to rise to 0.572 in the next year from the last price of 0.23.”

That TP may happen, but the analyst is probably either Bell Potter or Hartleys, both of whom have a history of bullish target prices that are often not reached. For example, Hartleys report of 25 February 2015, which is on BYL's website, states:

Share Price: $0.41

Valuation: $0.62

12mth price target: $0.63

The Bell Potters analysis of 24 February 2015, also on that website, had a 12-month target price of $0.57. My own valuations and SP expectations have also been too bullish, so I am not in a position to be too critical of the duo. All I can venture is that the SP is more likely to rise than fall in the near future, and we may as well wait for fresh information before calibrating new valuations.

Expand

hopefully your right Pioupiou
BYL Price at posting: 23.0¢ Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

There are more pages in this discussion • 32 more messages in this thread...

First 2 Last

Add BYL (ASX) to my watchlist