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Despite ubiquitous inflation targets, prices across the rich world are – the UN recently reported – today more stagnant than at any time since the depths of the crisis.
With large sums of money chasing a small number of targets, prices are rising close to levels last seen in the boom-bust era of 1980s America.
Bosses attempt to time their acquisitions well, buying firms with lower price-earnings ratios than their own when the targets' prices are depressed.
Similar(57)
With Yahoo's growth slowing sharply, target prices will plummet.
The remodeling also raises target prices for cable companies.
Target price of 1200p.
Hold, 1350p target price.
Buy, £5.60 target price.
Target price of 275p.
His target price is $85.
Target price 320p (from 300p).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com