RE:RE:RE:RE:Average analysts’ price targetsAlways best to do your own research. I've had good success using analysts reports and targets over the years. You are correct about bias, and there are usually disclosures that help identify where they are. This is why I always look at ALL the available reports - averaging targets is better than going off one report - bullish, or bearish, a single report is less likely to be correct than a group of reports.
Investing right now is not rocket science. Any decent oil and gas company is making good money. I strongly believe the whole sector is in for a very good 12months.