Beacon’s research recommendations are based on the following scheme:
Total 12-month return expected to be >15%
- Speculative Buy
Potential total 12-month return is high (>15%), but given elevated risk, investment could result in a material loss
Total 12-month return expected to be between 0% and 15%
Total 12-month return expected to be negative
Our target prices are based on a 12-month investment horizon.
As at December 31, 2019 our distribution of targets are as follows:
|Rating||# of Companies||Distribution|
Beacon research is available to approved users via the following link:
Beacon Research Archive
We also make our research available to Bloomberg, Thomson Reuters and Factset.