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Top Ten Brokerages You Can Trust in 2020

Posted on Saturday, August 15th, 2020 by MarketBeat Staff

There are more than 500 brokerages and research houses that hire analysts to issue ratings and recommendations. Collectively, these brokerages and their analysts publish approximately 175,000 ratings each year. Every trading day, there are nearly 700 reports and recommendations that are released to the public. To say that it's difficult to separate the signal from the noise when interpreting this data would be an understatement.

MarketBeat has developed a system to track each brokerage and research house's stock recommendations and score them based on their past performance. If Goldman Sachs predicted that Apple's stock price was going to hit $150.00 on a specific date, how accurate were they? If Bank of America issued a "strong buy" rating on a stock, how did that stock perform compared to the broader market over the following twelve months. This tracking system has been applied to the 650,000+ ratings that MarketBeat has tracked during the last five years to identify which brokerages you can really trust (and which you can safely ignore).

This slide show lists the 10 brokerages who have issued the most accurate analyst recommendations over the past several years, as measured by the performance of their "buy" ratings and the accuracy of their price targets.

#1 - Moffett Nathanson

Average 12 Month ROI on "Buy" Recommendations: 13.439%
Accuracy of Price Targets: 68.547%
Based on: 20 research note(s)
MarketBeat Star Ranking: star star star star star

Recent Recommendations from Moffett Nathanson:

  • Verizon Communications Inc. (NYSE: VZ) had its "hold" rating re-affirmed by analysts at Moffett Nathanson. They now have a $62.00 price target on the stock. (7/24/2020)
  • Roku Inc (NASDAQ: ROKU) is now covered by analysts at Moffett Nathanson. They set a "neutral" rating and a $145.00 price target on the stock. (7/20/2020)
  • Square, Inc. (NYSE: SQ) had its price target raised by analysts at Moffett Nathanson from $90.00 to $120.00. (7/1/2020)
  • Cogent Communications Holdings Inc (NASDAQ: CCOI) had its price target raised by analysts at Moffett Nathanson from $56.00 to $64.00. (6/26/2020)
  • Paypal Holdings Inc (NASDAQ: PYPL) had its "buy" rating re-affirmed by analysts at Moffett Nathanson. They now have a $170.00 price target on the stock. (5/28/2020)


#2 - Pivotal Research

Average 12 Month ROI on "Buy" Recommendations: 6.372%
Accuracy of Price Targets: 66.689%
Based on: 144 research note(s)
MarketBeat Star Ranking: star star star star star

Recent Recommendations from Pivotal Research:

  • Liberty Media Formula One Series C (NASDAQ: FWONK) had its "buy" rating re-affirmed by analysts at Pivotal Research. They now have a $44.00 price target on the stock. (8/10/2020)
  • Liberty Sirius XM Group Series C (NASDAQ: LSXMK) had its "buy" rating re-affirmed by analysts at Pivotal Research. They now have a $60.00 price target on the stock. (8/10/2020)
  • Trade Desk Inc (NASDAQ: TTD) had its price target raised by analysts at Pivotal Research from $345.00 to $550.00. They now have a "buy" rating on the stock. (8/7/2020)
  • DISH Network Corp (NASDAQ: DISH) had its "buy" rating re-affirmed by analysts at Pivotal Research. They now have a $41.00 price target on the stock. (8/7/2020)
  • Roku Inc (NASDAQ: ROKU) had its price target raised by analysts at Pivotal Research from $60.00 to $65.00. (8/6/2020)

#3 - Boenning Scattergood

Average 12 Month ROI on "Buy" Recommendations: 4.397%
Accuracy of Price Targets: 71.777%
Based on: 62 research note(s)
MarketBeat Star Ranking: star star star star star

Recent Recommendations from Boenning Scattergood:

  • Ecolab Inc. (NYSE: ECL) was upgraded by analysts at Boenning Scattergood from a "neutral" rating to an "outperform" rating. They now have a $230.00 price target on the stock, up previously from $197.84. (7/28/2020)
  • IDEX Co. (NYSE: IEX) was upgraded by analysts at Boenning Scattergood from a "neutral" rating to an "outperform" rating. (7/24/2020)
  • Markel Co. (NYSE: MKL) had its "outperform" rating re-affirmed by analysts at Boenning Scattergood. (7/21/2020)
  • Amerisafe, Inc. (NASDAQ: AMSF) had its "neutral" rating re-affirmed by analysts at Boenning Scattergood. (7/21/2020)
  • California Water Service Group (NYSE: CWT) was downgraded by analysts at Boenning Scattergood from an "outperform" rating to a "neutral" rating. (7/13/2020)

#4 - Evercore ISI

Average 12 Month ROI on "Buy" Recommendations: -1.027%
Accuracy of Price Targets: 66.158%
Based on: 198 research note(s)
MarketBeat Star Ranking: star star star star star

Recent Recommendations from Evercore ISI:

  • iShares Diversified Alternatives Trust (NYSEARCA: ALT) is now covered by analysts at Evercore ISI. They set an "outperform" rating on the stock. (8/14/2020)
  • Tapestry Inc (NYSE: TPR) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. They now have a $25.00 price target on the stock. (8/14/2020)
  • StoneCo Ltd (NASDAQ: STNE) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. (8/13/2020)
  • J B Hunt Transport Services Inc (NASDAQ: JBHT) is now covered by analysts at Evercore ISI. They set an "outperform" rating on the stock. (8/10/2020)
  • Life Storage Inc (NYSE: LSI) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. They now have a $114.00 price target on the stock. (8/10/2020)

#5 - Drexel Hamilton

Average 12 Month ROI on "Buy" Recommendations: 29.233%
Accuracy of Price Targets: 84.905%
Based on: 22 research note(s)
MarketBeat Star Ranking: star star star star half star

Recent Recommendations from Drexel Hamilton:

  • Vectrus Inc (NYSE: VEC) was upgraded by analysts at Drexel Hamilton from a "hold" rating to a "buy" rating. They now have a $45.00 price target on the stock. (4/16/2019)
  • KEYW Holding Corp. (NASDAQ: KEYW) had its "hold" rating re-affirmed by analysts at Drexel Hamilton. (3/13/2019)
  • KBR, Inc. (NYSE: KBR) had its "buy" rating re-affirmed by analysts at Drexel Hamilton. They now have a $22.00 price target on the stock. (2/27/2019)
  • Leidos Holdings Inc (NYSE: LDOS) had its "buy" rating re-affirmed by analysts at Drexel Hamilton. They now have a $75.00 price target on the stock. (2/22/2019)
  • Northrop Grumman Co. (NYSE: NOC) was given a new $335.00 price target on by analysts at Drexel Hamilton. They now have a "buy" rating on the stock. (2/9/2019)

#6 - Robert W. Baird

Average 12 Month ROI on "Buy" Recommendations: 12.190%
Accuracy of Price Targets: 73.313%
Based on: 559 research note(s)
MarketBeat Star Ranking: star star star star half star

Recent Recommendations from Robert W. Baird:

  • Home Depot Inc (NYSE: HD) had its price target raised by analysts at Robert W. Baird from $275.00 to $300.00. They now have an "outperform" rating on the stock. (8/13/2020)
  • Lowe's Companies, Inc. (NYSE: LOW) had its price target raised by analysts at Robert W. Baird from $150.00 to $175.00. They now have an "outperform" rating on the stock. (8/13/2020)
  • VF Corp (NYSE: VFC) had its price target raised by analysts at Robert W. Baird from $68.00 to $76.00. They now have an "outperform" rating on the stock. (8/13/2020)
  • Corporate Office Properties Trust (NYSE: OFC) was downgraded by analysts at Robert W. Baird from an "outperform" rating to a "neutral" rating. They now have a $28.00 price target on the stock. (8/13/2020)
  • Cellular Biomedicine Group Inc (NASDAQ: CBMG) was downgraded by analysts at Robert W. Baird from an "outperform" rating to a "neutral" rating. They now have a $19.00 price target on the stock, down previously from $28.00. (8/13/2020)

#7 - Monness Crespi & Hardt

Average 12 Month ROI on "Buy" Recommendations: 9.691%
Accuracy of Price Targets: 70.645%
Based on: 64 research note(s)
MarketBeat Star Ranking: star star star star half star

Recent Recommendations from Monness Crespi & Hardt:

  • Rapid7 Inc (NASDAQ: RPD) had its price target raised by analysts at Monness Crespi & Hardt from $60.00 to $70.00. They now have a "buy" rating on the stock. (8/7/2020)
  • Camping World Holdings Inc (NYSE: CWH) had its price target raised by analysts at Monness Crespi & Hardt from $33.00 to $49.00. They now have a "buy" rating on the stock. (8/6/2020)
  • Central Garden & Pet Co (NASDAQ: CENTA) had its price target raised by analysts at Monness Crespi & Hardt from $36.00 to $42.00. They now have a "buy" rating on the stock. (8/6/2020)
  • Vista Outdoor Inc (NYSE: VSTO) had its price target raised by analysts at Monness Crespi & Hardt from $15.00 to $28.00. They now have a "buy" rating on the stock. (8/6/2020)
  • Cyberark Software Ltd (NASDAQ: CYBR) had its price target raised by analysts at Monness Crespi & Hardt from $120.00 to $125.00. They now have a "buy" rating on the stock. (8/5/2020)

#8 - Atlantic Securities

Average 12 Month ROI on "Buy" Recommendations: 9.206%
Accuracy of Price Targets: 75.588%
Based on: 40 research note(s)
MarketBeat Star Ranking: star star star star half star

Recent Recommendations from Atlantic Securities:

  • Travelers Companies Inc (NYSE: TRV) was downgraded by analysts at Atlantic Securities from an "overweight" rating to a "neutral" rating. (8/11/2020)
  • Caterpillar Inc. (NYSE: CAT) was upgraded by analysts at Atlantic Securities from an "underweight" rating to a "neutral" rating. They now have a $140.00 price target on the stock. (8/3/2020)
  • JPMorgan Chase & Co. (NYSE: JPM) was upgraded by analysts at Atlantic Securities from a "neutral" rating to an "overweight" rating. They now have a $120.00 price target on the stock. (7/22/2020)
  • Wells Fargo & Co (NYSE: WFC) was upgraded by analysts at Atlantic Securities from an "underweight" rating to a "neutral" rating. They now have a $30.00 price target on the stock, up previously from $28.00. (7/22/2020)
  • Costco Wholesale Co. (NASDAQ: COST) is now covered by analysts at Atlantic Securities. They set an "overweight" rating and a $375.00 price target on the stock. (7/13/2020)

#9 - Sanford C. Bernstein

Average 12 Month ROI on "Buy" Recommendations: 8.876%
Accuracy of Price Targets: 67.480%
Based on: 90 research note(s)
MarketBeat Star Ranking: star star star star half star

Recent Recommendations from Sanford C. Bernstein:

  • Apple Inc. (NASDAQ: AAPL) had its "hold" rating re-affirmed by analysts at Sanford C. Bernstein. They now have a $400.00 price target on the stock. (8/14/2020)
  • RWE AG (FRA: RWE) was given a new €37.00 price target on by analysts at Sanford C. Bernstein. They now have a "buy" rating on the stock. (8/13/2020)
  • E.On Se (FRA: EOAN) was given a new €12.50 price target on by analysts at Sanford C. Bernstein. They now have a "buy" rating on the stock. (8/12/2020)
  • QUALCOMM, Inc. (NASDAQ: QCOM) was given a new $135.00 price target on by analysts at Sanford C. Bernstein. They now have a "buy" rating on the stock. (8/11/2020)
  • Zalando SE (FRA: ZAL) was given a new €76.00 price target on by analysts at Sanford C. Bernstein. They now have a "buy" rating on the stock. (8/11/2020)

#10 - Argus

Average 12 Month ROI on "Buy" Recommendations: 7.305%
Accuracy of Price Targets: 80.318%
Based on: 215 research note(s)
MarketBeat Star Ranking: star star star star half star

Recent Recommendations from Argus:

  • Genuine Parts (NYSE: GPC) had its price target raised by analysts at Argus from $84.00 to $105.00. (8/14/2020)
  • New Relic Inc (NYSE: NEWR) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating. (8/14/2020)
  • Charter Communications Inc (NASDAQ: CHTR) had its price target raised by analysts at Argus from $590.00 to $700.00. They now have a "buy" rating on the stock. (8/13/2020)
  • Progressive Corp (NYSE: PGR) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating. (8/13/2020)
  • Colfax Corp (NYSE: CFX) had its price target raised by analysts at Argus from $32.00 to $40.00. They now have a "buy" rating on the stock. (8/13/2020)

 

5 Travel Company Stocks Likely to Suffer From the Coronavirus

How important is the global travel and tourism industry? It’s a sector that accounts for about 10% of the world’s adult workforce. That’s 350 million people. The industry also accounts for at least 4% of the global gross domestic product (GDP).

In short, it’s an industry that accounts for trillions of dollars for the economy. And it relies on the most visible workers like pilots and cruise ship captains to the kitchen and housecleaning staff and servers. The travel industry is in many ways a service industry. But when there’s nobody to service, these businesses take a tumble.

And tumble it has. The world is going through a period of enforced social distancing. Many countries are taking even more extreme measures to lock down parts, or all, of their countries in an effort to contain the spread of the coronavirus and to flatten the curve to prevent healthcare workers and hospitals from being overwhelmed.

But that means fewer people are flying. Planned vacations are being canceled. And all of this is bad news for a sector that relies on the mobility of global travelers.

To be fair, the best of these companies should recover just fine. However, some of these companies had fundamental concerns that will be magnified by the loss of revenue.

View the "5 Travel Company Stocks Likely to Suffer From the Coronavirus" Here.






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