Recommendations: We use a fi ve-point recommendation
scale. There are two positive recommendations. In both
cases we see upside in the share price; the distinction lies
in the timing. BUY means the stock is suitable for purchase
now. ACCUMULATE means the stock is undervalued but
there is time to purchase as the price is unlikely to move up
suddenly. If it’s a stock you really want just take the opportunity.
A glance at the recommendation price ranges will
tell you how close the share price is to the Buy range. SELL
means sell all holdings now and REDUCE means sell part of
your holding (take profi ts). HOLD means the stock being
appropriately priced, so you should neither buy nor sell.
Been thinking for a while how 'Accumulate' is considered a lesser recommendation than 'Buy' whereas in my mind if I told someone a stock was a Buy now it would be at current price, whereas Accumulate would be buy, and keep buying cause this one's not coming down.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.