Analysts’ forecast returns, yields and recommendations for all TSX Composite stocks

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

Year-to-date gains have held despite slowing growth

Year-to-date, the S&P/TSX composite index is holding on to its gains and is now up 4.4 per cent. This has occurred despite a deceleration in revenue and earnings growth expectations.

Looking at the bottom line, 51 per cent of companies have reported better-than-expected quarterly earnings results so far, inching down from 52 per cent reported last quarter. Importantly, earnings expectations are down significantly and are expected to contract 10 per cent year-over-year, compared to earnings growth of 5.9 per cent reported last quarter.

This report includes a link to a list of analysts’ target prices, recommendations, forecast returns, and yields for all securities in the S&P/TSX Composite Index grouped by sector and ranked according to their expected price returns .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. bank issues will set focus for Canadian bank earnings: CIBC analysts - BNN BloombergTurmoil in the U.S. banking sector will likely set the tone for bank earnings in Canada when reporting begins next week, but CIBC researchers maintain that Canadian lenders are more secure than their American counterparts.
Source: BNNBloomberg - 🏆 83. / 50 Read more »