Analyst & Spread
Consensus Price
Low, mean, median, and high price targets from sell-side analysts.
Definition
The Consensus Price is our consensus of the 12-month price targets published by sell-side equity analysts at investment banks. We display the range — low, median, and high — rather than just the consensus, so the spread of opinion is visible.
Why it matters
Analyst targets reflect a baseline of professional opinion, but they're notoriously sticky and biased toward 'buy' ratings. Use them as a sanity check, not a buy signal. The spread (high vs. low) tells you how much disagreement exists.
How Standard Equity uses it
Our consensus is the average of each analyst's own target, weighted by their track record and by how recent the rating is (a rating loses half its weight every three months). Where we lack the individual targets we show the consensus of the top-rated analysts when there are any, else the consensus of all analysts. Shown on the price chart with the median as the primary line and high/low as a band. Updated with the weekly report snapshot where consensus data is available. With fewer than five analysts the label becomes 1Y Price (the Year-Ahead Price) and the figure is blended with our Modelled figure, in proportion to the analyst count: today's price grown at the cost of equity less dividends, with an 80% range from the stock's own volatility (see Methodology). The dots beside the figure show the Estimate Spread of that range on the table's scale (half-width within 15% of the figure: three dots).
The metric
| Category | Analyst & Spread |
|---|---|
| Unit | $ |