What does # Buy Recs mean?
This is the number of Buy Recommendations by analysts covering the stocks. A Buy Recommendation generally indicates that the analyst expect that the stock should outperform other comparable stocks.
Stockopedia explains # Buy Recs...
These recommendations should be taken with a pinch of salt. Due to the fact that many broking firms also provide corporate finance services to their clients, it has been shown that brokers are reluctant to put out 'sell' recommendations. The majority of stocks analysed in the city are 'buys' or 'outperforms', and much research has indicated that stocks with a 'sell' rating actually outperform stocks with a 'buy' rating. This indicator is provided for reference only, but can sometimes be used as a useful contrarian signal.
