expected eps is 70c and the pe is generally in the 4 - 6 range, so $3.50 is an average price, with range from $2.80 to $4.00. however all the coalies are on the diminished side currently - good buying if you are brave!
Commsec usually take the eps at the start of the year and do a statistical average which comes up with strange results, especially in a hi growth company. best to work on expected 2006 figures and do a DCF valuation