Broadway released a set of results, slightly below consensus estimates, causing the share price to slump 9% as at Friday. Nevertheless, if one looks at the analyst target price (Figure 1), one would have noted the significant discrepancies between the various research houses. There are three “buy” calls as opposed to one “hold” call. Average consensus target is $1.62. Figure 1: Analyst target prices on Broadway Source: Bloomberg as of 28 Oct 10 Let’s take a look at its results tabulated below. Table 1: Snapshot of Broadway’s results   3QFY10 3QFY09 % chg 9MFY10 9MFY09 % chg Sales (S$m) 144.7 […]