本文对国内A股市场下分析师一致预期目标价进行研究，由于证券分析师相对于投资者更加了解一家上市公司，对于所研究的行业领域有着更深入的见解且与公司内部有着紧密的沟通与接触，所以往往这些分析师能够准确预测上市公司的未来财务数据并给出宝贵的投资意见。这些分析师们的观点往往会较为深入地影响到投资者们的投资情绪。本文从分析师一致预期目标价出发，通过数据分析其准确性并深入研究分析师一致预期目标价股价比对于选股收益的影响

This paper is based on the analysts’ consensus target price. Those analysts know better the listed companies they investigated, because they have close contact with those companies and they have a better overall idea. As a result, they can usually accurately estimate the financial data in the future and give valuable investment advice. So what they have said may deeply influence those investors’ emotions. And the analysts’ consensus target price is a basic object of the research with the aim of analyzing the accuracy of the target price and furthermore investigate the influence that analyst’s consensus target return has on the stock return.

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