NCM 0.00% $23.35 newcrest mining limited

this is what the analysts sayCredit Suisse 13/08/2008 1...

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    this is what the analysts say

    Credit Suisse 13/08/2008 1 Outperform $45.00 84.2%
    JP Morgan 08/08/2008 1 Overweight $31.00 26.9%
    UBS 25/07/2008 3 Downgrade to Neutral from Buy $33.50 37.1%
    Deutsche Bank 25/07/2008 1 Buy $38.00 55.5%
    ABN Amro 25/07/2008 1 Buy $38.58 57.9%
    Macquarie 25/07/2008 3 Neutral $35.00 43.3%
    Citi 25/07/2008 1 Upgrade to Buy, High Risk, from Hold $35.50 45.3%
    Merrill Lynch 25/07/2008 1 Buy, High Risk $45.00 84.2%

    average target price $37.70 54.3% upside

    But you can't trust analysts as they invariably get it wrong.

    I have been amazed how their target prices change as more info comes out about this credit crisis


    they know about as much as a chartist. Actually chartists would know more.
 
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