Analysts’ Consensus and Target Price Accuracy: A Study in Latin America

Market analysts, by means of issuance of their opinions (earnings per share, target prices, and recommendations), have been the object of several earlier studies. Previous literature identifies analysts as information intermediaries between companies and investors, and identifies their role in reduc...

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Bibliographic Details
Main Authors: Rafael Moreira Antônio, Luciana Cardoso Siqueira Ambrozini, Rafael Confetti Gatsios, Vinícius Medeiros Magnani
Format: Article
Language:English
Published: Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) 2017-11-01
Series:BAR: Brazilian Administration Review
Subjects:
Online Access:http://www.anpad.org.br/periodicos/arq_pdf/a_1830.pdf