Analysis of Equity Valuation Models and Target Price Accuracy: An Evidence From Analyst Reports in Indonesia
This study examines whether investment analysts (sell-side) in Indonesia tend to prefer cash-flow-based valuation models over the accrual-based valuation model, how the accuracy of valuation models are used, and whether the use of both valuation models simultaneously for generating target prices can...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2020-10-01
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| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/2158244020949507 |