BCH Crosses Above Average Analyst Target
September 12, 2017 at 09:19 AM EDT
In recent trading, shares of Banco de Chile (BCH) have crossed above the average analyst 12-month target price of $87.67, changing hands for $88.06/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..