Approximately one year ago on December 7, 2018, seven brokerages lowered their one-year price targets on Dollarama after the release of quarterly earnings. As the Motley Fool summarized at the time, “results were…disastrous”. Now that a full year has passed, we can now take an objective look at how good these estimates were.
Read MoreOn December 10, 2019, analysts from seven brokerages updated their price targets on nine S&P/TSX Composite Index stocks. These brokerages include JPMorgan Chase, Royal Bank of Canada, and Canaccord Genuity. Check out these latest ratings and see how each brokerage’s call has performed in the past!
Read MoreLast week was a big one for Canadian banks with all analysts updating their price targets in response to the most recent quarterly earnings reports. Now that all the dust has settled, I wanted to provide you all with a summary of all analyst recommendations.
Read MoreCheck out the latest analyst ratings on S&P/TSX Composite stocks from December 9! We’ll go through each price target set by the brokerage and analyze how well each has performed in the past. You can then be the judge if the rating is worth paying attention to.
Read MoreToday we examine consensus ratings in detail and try to determine whether they are meaningful sources of information for investors. By analyzing each brokerage's historical performances, you'll be better able to tell whether the analyst’s latest recommendation is worth considering or just another one of their calls which missed the mark.
Read MoreSentiment indicators are used by contrarian investors when they need to know when it’s time to buy or sell a security. The three most common sentiment indicators are short ratios, consensus ratings and the put/call ratio. Read on to find out how they work, and how they can be used as part of a broad investment strategy.
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