often taken to mean that the broker expects that the price will have touched the target price at some point within the next 12 months, not necessarily towards the end. (altho' usually they try to avoid making explicit statements re the time frame, slippery li'l so and sos).
• IGas, CEO, Andrew Austin comments on the BBC in relation to potential shale gas supply in the UK. Austin’s comments at a fortified IGas drill site in the UK appear prompted by the discovery of potentially thicker and richer shale seams, capable of supply more gas than previously anticipated.
It reads......" As of Dec 07, 2013, the consensus forecast amongst 4 polled investment analysts covering IGAS Energy PLC advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Aug 30, 2013. The previous consensus forecast advised investors to purchase equity in IGAS Energy PLC."
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