Price target according to analysts is the estimated future price of a stock that analysts expect it to reach within a certain time frame, usually 12 months. This estimate is based on a detailed analysis of the company, including its financial health, growth potential, industry trends, and broader economic conditions. Analysts typically provide a range of price targets, including a low (bearish scenario), average (consensus), and high (bullish scenario) target. The price target helps investors understand the expected return of a stock and whether it may be undervalued, fairly valued, or overvalued at its current price. However, it should be considered as one of many factors in the investment decision-making process.
Why Price target?
In this question, we operate under the assumption that professional analysts have access to more data and possess greater experience, allowing them to conduct high-quality stock analysis. Moreover, major stocks are typically covered by a large number of analysts, which provides a more balanced and objective view of their future performance. Our goal is to identify stocks whose current market price is lower than the target price estimated by analysts — in other words, stocks with growth potential.
Answers and Score
ANSWER | SCORE | PRIORITY |
Well above the current price | 10 | 1,2 |
Above the current price | 9 | 1,2 |
Same as the current price | 7 | 1,2 |
Below the current price | 3 | 1,2 |
Well below the current price | 2 | 1,2 |
Where to find price target?
You can find the value, for example, on finviz.com or finance.yahoo.com
This question is part of this analyzer.
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