You have misunderstood the statement. It means the analyst has upgraded the target price from 1.68 to 1.72 and 1.72 is 24% higher than the current price of 1.39.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tc2012
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Posted by tc2012 > 2016-12-13 20:25 | Report Abuse
24% is refer to current price of 1.39 to target price of 1.72.