Why are you showing the Broker Price Target in a different currency to the Company Share Price?

Brokers tend to estimate a company's earnings and sales figures in the same currency as the reported financial statements but sometimes a company's share price quote can be in a different currency to those financial statements due to it being a foreign listing or some other reason.

The Estimates currency quoted is standardised as being the currency that the majority of brokers are using for their earnings estimates. Broker Price Targets as a result are quoted in that currency too - this can lead to a discrepancy between the quoted share price and the price target.

Because of this, when we calculate the upside to the broker price target, we take into account currency conversion.