If we assume that Pitt Street's valuations are based on 12-month price targets - as most analyst reports are - history shows us that they missed the share price significantly each and every time.
The first report was arguably the most accurate, taking around 24m to achieve Pitt Street's PT.
12 months after the remaining 3 reports, history has not nearly been so kind to their predictions.
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91 | 3162210 | 0.190 |
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52 | 1594479 | 0.180 |
14 | 315063 | 0.175 |
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