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Western Areas 1 year target

What is the 1 year target of Western Areas?

The 1 year target of Western Areas Limited is AUD$4 -2.33%

What is the definition of 1 year target?

1 year target is a predicted stock price a year from now.

= average of analyst price targets

One year target is an estimate of a stock price for a point in time equal to a year from the current date. The price level most often reflects the collective opinion of different analysts on where the stock will be trading a year from now. For an analyst to identify an individual estimate, they have to project what a company’s business will look like in a year, typically focusing on revenue and other significant factors. They also consider the willingness of investors to pay a certain price. While the average or median recommendation may be predictive and reflect the actual future value, the results are usually not extremely successful.

1 year target of companies in the Materials sector on ASX compared to Western Areas

What does Western Areas do?

Western Areas Limited mines for, processes, and sells nickel sulphide concentrates and other base metals in Australia. It holds a 100% interest in the Forrestania project located in Western Australia. Western Areas Limited was incorporated in 1999 and is based in West Perth, Australia.

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