\n\tAlacer<\/span> Gold ((AQG<\/span>)) has surged above consensus target and may well remain above target for a while to come yet as global uncertainties keep gold in focus for the global investment community. Alacer<\/span> is one standout stock in the Australian gold sector if we can rely on expert views.<\/p>\n \n\tInterestingly, two of the four brokers who cover the stock in the FNArena<\/span> universe hold a rather benign view on the stock's valuation, but the other two have price targets well above today's share price. Hence why positive sentiment towards gold stocks can potentially keep Alacer<\/span> shares above target for a while, in my view.<\/p>\n \n\tNumero<\/span> Uno gold producer in the Australian share market, Newcrest<\/span> ((NCM<\/span>)), on the other hand has hardly booked any gains into 2011 thus far and the share price remains well, well, well below consensus price target. Is it the curse of being a large cap stock or is there more to it?<\/p>\n \n\tKingsgate<\/span> Consolidated ((KCN<\/span>)), on the other hand, may well be readying itself to soon join Alacer<\/span>. Kingsgate<\/span> has one conservative stockbroker (out of four) covering, but recent price action showed rejection did follow at the consensus price target regardless. Right now, the shares seem to be staging a come-back suggesting another attempt to join Alacer<\/span> Gold above target is but a matter of time. Will this coincide with another rejection?<\/p>\n \n\tPrice action this week will likely reveal something about Kinsgate's<\/span> inner strength in the face of Icarus<\/span>' warning.<\/p>\n \n\t \n\tAnother stock which deserves our attention is -once again- Monadelphous<\/span> ((MND<\/span>)). It's a good business carried by positive market dynamics. One only has to observe how Monadelphous<\/span> shares, in difficult and volatile times, continuously try to break the barrier of the consensus price target, but fail each and every time. On Friday, Monadelphous<\/span> shares encountered more sellers than buyers and the result is the shares have now disappeared from all lists generated by the Icarus<\/span> Signal. For how long?<\/p>\n \n\tThe same question can be asked with regards to Cochlear ((COH<\/span>)) shares trading above a sharply lowered target. For how long?<\/p>\n \n\tFriday's price action left only five stocks trading close to target, including newcomers Foster's ((FGL<\/span>)) and Kingsgate<\/span>. Life sciences hopeful Pharmaxis<\/span> ((PXS<\/span>)) enjoyed a boost to the price target, but nevertheless met with more sellers than buyers and the result is similar to Monadelphous's<\/span>.<\/p>\n \n\tThe list of stocks trading above target has now shrunk to 17 and we think the odds remain in favour<\/span> of further shrinkage today.<\/p>\n \n\tNo surprise, the Bottom 50 welcomes Billabong<\/span> ((BBG<\/span>)) and Virgin Blue ((VBA)), as well as Hillgrove<\/span> Resources ((HGO<\/span>)). The latter is a result of JP Morgan initiating coverage.<\/p>\n \n\tInvestors should consider the information and data are provided for research purposes only.<\/p>\n \n\tTo see the full Icarus<\/span> Signal, please go to this link<\/a><\/p>\n \n\tTechnical limitations<\/strong><\/p>\n \n\tIf you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we apologise<\/span><\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n![\"\"](\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/KCN_Icarus.jpg\")
<\/p>\n\n\tStocks <3% Below Consensus<\/h2>\n
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\n \n\n\t\t\t\t\t\t\t\tOrder<\/th>\n \n\t\t\t\t\t\t\t\tSymbol<\/th>\n \n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n \n\t\t\t\t\t\t\t\tConsensus Price($)<\/th>\n \n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n \n \n\t\t\t\t\t\t\t\t1<\/td>\n \n\t\t\t\t\t\t\t\t FGL<\/span><\/a><\/td>\n \n\t\t\t\t\t\t\t\t$ 4.93<\/td>\n \n\t\t\t\t\t\t\t\t$ 4.99<\/td>\n \n\t\t\t\t\t\t\t\t1.20%<\/td>\n<\/tr>\n \n \n\t\t\t\t\t\t\t\t2<\/td>\n \n\t\t\t\t\t\t\t\t KCN<\/span><\/a><\/td>\n \n\t\t\t\t\t\t\t\t$ 9.07<\/td>\n \n\t\t\t\t\t\t\t\t$ 9.27<\/td>\n \n\t\t\t\t\t\t\t\t2.21%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\tStocks Above Consensus<\/h2>\n
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\n \n\t\t\t\t\t<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\t\t\t\t\t\t\t\tOrder<\/th>\n \n\t\t\t\t\t\t\t\tSymbol<\/th>\n \n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n \n\t\t\t\t\t\t\t\tConsensus Price($)<\/th>\n \n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n \n\tTop 50 Stocks Furthest from Consensus<\/h2>\n
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\n \n\n\t\t\t\t\t\t\t\tOrder<\/th>\n \n\t\t\t\t\t\t\t\tSymbol<\/th>\n \n\t\t\t\t\t\t\t\tCurrent Price($)<\/th>\n \n\t\t\t\t\t\t\t\tConsensus Price($)<\/th>\n \n\t\t\t\t\t\t\t\tDifference(%)<\/th>\n<\/tr>\n<\/thead>\n \n \n\t\t\t\t\t\t\t\t1<\/td>\n \n\t\t\t\t\t\t\t\t BBG<\/span><\/a><\/td>\n \n\t\t\t\t\t\t\t\t$ 3.87<\/td>\n \n\t\t\t\t\t\t\t\t$ 6.83<\/td>\n \n\t\t\t\t\t\t\t\t76.36%<\/td>\n<\/tr>\n \n \n\t\t\t\t\t\t\t\t2<\/td>\n \n\t\t\t\t\t\t\t\t HGO<\/span><\/a><\/td>\n \n\t\t\t\t\t\t\t\t$ 0.25<\/td>\n \n\t\t\t\t\t\t\t\t$ 0.43<\/td>\n \n\t\t\t\t\t\t\t\t75.51%<\/td>\n<\/tr>\n \n \n\t\t\t\t\t\t\t\t3<\/td>\n \n\t\t\t\t\t\t\t\t VBA<\/a><\/td>\n \n\t\t\t\t\t\t\t\t$ 0.23<\/td>\n \n\t\t\t\t\t\t\t\t$ 0.40<\/td>\n \n\t\t\t\t\t\t\t\t73.91%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n