Meet The Most Optimistic People On The Planet

With all the negativity in the world today, there is one distinct group of people who always see the glass as half full: equity analysts. I’ve written about equity analysts several times before and warned against the dangers of relying on their price targets when making investment decisions, but with the recent volatility (mostly downwards) in stock prices, I feel it’s worth a more up-to-date analysis to see just how optimistic they are that things will turn out rosy in the near term.

Enghouse Systems: Analyzing The Analysts

On December 16, 2019, three brokerages: TD Securities, CIBC, and Royal Bank of Canada updated their price targets for Enghouse Systems (ENGH) and set $53, $54, and $53 price targets respectively. We will look at how accurate each brokerage has been in the past and offer some advice to current and prospective owners of the stock about what to do next.

The ETF DaddyDecember 17, 2019Enghouse Systems, ENGH, Price Targets, CIBC, Royal Bank of Canada, TD Securities, Analyst RatingsComment

December 11 Price Targets: Cenovus Energy, Enbridge, Emera & More

Check out the latest price target updates from December 11, 2019. As always, we’ll do a deeper dive to see whether or not past calls have been correct and give you an idea whether or not these latest calls are worth listening to.

December 10 Price Targets

On 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!

What Do Analysts Think About Canadian Bank Stocks?

Last 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.

December 9 Price Targets: A Brokerage Analysis

Check 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.

Can You Trust Consensus Ratings?

Today 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.