What 1Y Yahoo! Finance BAMM objective estimate mean?
When I sought help at the site of Yahoo Finance, said: "The year estimated price target-1 represents the average target price as expected by analysts covering the stock. Data provided by Thomsonfn.com. Objective information more detailed estimate can be found by clicking on a society of "search." "But sometimes the data has no sense. Por-A-(BAMM million) Trading books around $ 22, the estimate is $ 12 1Y. If most analysts predict the stock tank?
This means that Both data have been collected, the average price of the population is expected to be less than a year thereafter will be $ 12 analysts who watch him. The fact that now is $ 22 could mean many things. The data may be old, the company could have improved considerably since the data analyst was released, the market could be more optimistic about the actions some analysts that follow, or analysts may see something the market does not work. It has been my experience that Yahoo price estimate 1 year target is not updated regularly, either because analysts themselves emit no new predictions often or because Yahoo is slow to update this field data. I guess the first.
CDTV.net 2009-03-23 Stock Market News Dividend Report & Market Wrap-up
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