Most likely that analyst advising the suitors. The November Broker's 12 month valuation was $1.28.
Broker Consensus Recommendations
The InvestSMART Broker Consensus report summarises the recommendations from all our participating brokers. As many brokers have different ratings, a standard set of recommendations is maintained, each with an assigned numeric value. The consensus recommendation appears as the mean of the assigned valued as well as text, the Recommendation Scoring table below illustrates the process.
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Recommendation Scoring
Score Recommendation
1 to 0.7 Buy
0.6 to 0 Hold
0 to -1 Sell
Broker Consensus History for TEXON PETROLEUM LTD (TXN)
Company Consensus
Date Buys Holds Sells Score Recom-
mendation 12 Month
Target
Price
(highest) 12 Month
Target
Price
(lowest) 12 Month
Target
Price
(average) Close Price
at
Consensus
Date Current
Price
TEXON PETROLEUM LTD (TXN)
ORDINARY FULLY PAID 3rd Nov 2011 1 0 0 1 Buy $1.28 $1.28 $1.28 $0.645 $0.63
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