Business, Legal & Accounting Glossary
A broker recommendation is an opinion given by a broker regarding the merits of a particular stock. A broker recommendation may be issued by an individual analyst or represent a consensus of the entire brokerage. A broker recommendation is typically based on equity research data. Thus, before issuing a broker recommendation, analysts may examine various financial aspects of the stock in question, such as earnings and PE ratios, in order to determine its future trends. A broker recommendation is usually declared to advise brokerage clients to either buy or sell a given security. To streamline the process, a typical broker recommendation typically comes in the form of a rating. Although rating jargon varies from brokerage to brokerage, common broker recommendation ratings are “sell”, “hold”, “buy”, and “strong-buy”.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Broker Recommendation are sourced/syndicated and enhanced from:
This glossary post was last updated: 4th February, 2020 | 16 Views.