The Motley Fool Discussion Boards

Previous Page

Investing Education / Terms, Definitions, & Jargon

URL:  https://boards.fool.com/what-is-price-target-14449581.aspx

Subject:  What is Price Target Date:  2/28/2001  11:00 PM
Author:  SailingAlien Number:  863 of 2244

I've seen this a lot and while it makes rational sense, it doesn't mean a whole lot more to me. I saw today that "XYZ reiterated coverage of ABC company at Buy with a price target of $X." What does this mean?
To me it means that XYZ thinks that ABC's stock price will increase to $X in some near future. Is that right? What type of time-frame would XYZ be talking about? I've noticed that these price targets are generally much higher than the current stock price and while hopeful, if the time-frame is 5 years, it isn't quite as optimistic.
Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us