In the Your Money section of the Daily Telegraph on Saturday is a section titled 'Whatthebrokerssay'; most of their advice I understand, there is one situation though that I don't.
The recommendation is to buy at 237p with the current price being 220p. Why not buy now? Why wait, or does it mean: buy as long as the price does not exceed 237?
The Telegraph will ask a broker for a view, then when it is printed the reader has the opportunity to see whether it was good advice or not. In this case the broker thought that buying at 237p would be good as the price would go up. Wrong weren't they?