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12-Month Price Target
The next factor in your stock analysis—12-month price target—is located on the Analyst Info page under the heading 12 Month Price Target Range .
Importance of 12-Month Price Target
The consensus 12-month price target gives you an idea of where the analysts as an average think the stock will be valued a year from now. Depending on how much higher the target price is compared to the current price of the stock, this will determine how much growth potential is involved in this investment.
Scoring 12-Month Price Target
- Pass—Give this factor a passing score if the 12 month price target is above the current stock price.
- Fail—Give this factor a failing score if the 12 month price target is below the current stock price.
Looking at the consensus 12-month price target range for GOOG in Figure 12, it should receive a passing score. The target range is $575 per share, while the current price of Google is $482.48. This means that analysts still expect the stock to increase nearly 20 percent.
12-Month Price Target: PASS
Figure 12—12-Month Price Target Range
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