I gave up on Forsyth Barr about a decade ago. Mostly in my experience with them their analysts just follow other analysts or follow the market up. Very few insights and certainly not enough worth paying full service brokerage rates for. Company is worth $9 now and will be worth ~ 30-35% more a year from now after that much earnings growth in 2020. A year from now Forbar will raise their price target to $12.00 after its already there lol
$15 is on the cards for sometime in 2021 or early 2022...you read it from the Beagle, first :)