Matthew Paulson shows how RatingsDB ranks 162 brokerages by comparing their 12-month price targets from mid-2011 to actual prices a year later. Williams Capital, Keith, Bruyet and Woods, and Argus ranked highest. Think Equity, Maxim Group, and Morgan Stanley ranked lowest.
Hi, this is Matthew Paulson with Analyst Ratings Network. I'd like to take a moment to show you a new feature that we've developed as part of our stock research tool, RatingsDB. RatingsDB provides access to our entire database of more than 100,000 stock research notes from 162 different brokerages. If you'd like more information about RatingsDB, visit our website at AnalystRatings.net now let me take a moment to show you our new analyst rankings feature which shows which analysts offer the most accurate price targets on stocks. Analysts typically include a price that they believe the stock will be worth in 12 months from now. What we've done is taken a brokerage's research notes from 2011 and compared them with what the actual prices were in 2012. Companies whose price targets vary the least from their 12 month ACT shorts are considered to be the most accurate, therefore the most trusted analyst. Now, we should note that the current listed rankings only include research reports from June 2011 and July 2011. These rankings will become more accurate over time as more data becomes available. Now let's take a look at the list. As you can see, Williams Capital is ranked first, Keith, Bruyet and Woods are ranked second, Argus is ranked third, followed by Ticonderoga and BMO Capital Markets at the bottom of the list. The companies that aren't doing so well according to our methodology are Think Equity, Maxim Group, Morgan Stanley, Ladenburg, Salman and Robin and Renshaw. Of course, we want to be as transparent as possible when showing these rankings. So we've created a methodology page to show you how we've arrived at the number. For example, with Williams Capital, we show a list of research reports, the date of the report, the company, the price target they issued, what the actual price target was 12 months later after that date. So this was the price on July 8, 2012, and then what the variance was, and then we have the average right there. So if you're wondering which stock brokerages you should listen to, I believe that this page will help you get a better idea of which brokerages have done well historically and which haven't done so well. So if you'd like access to Analyst Ratings Network Analyst Rankings list, visit our website@ analystratings.net and sign up for RatingsDB.
