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.
Choose your search criteria Recommendation Number of Recommending Brokers Security Code Order Results by Show only companies in My Portfolio
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
TXN Price at posting:
63.0¢ Sentiment: ST Buy Disclosure: Held