Quarterly disclosure
Highlighted in the table below is the proportion of all research recommendations published per quarter that are 'buy', 'hold', 'sell' or equivalent terms.
Highlighted in the table below is the proportion of all research recommendations published per quarter that are 'buy', 'hold', 'sell' or equivalent terms.
| July | August | September | ||||
| No. of articles | % | No. of articles | % | No. of articles | % | |
| Buy | 98 | 45.6 | 75 | 35.7 | ||
| Sell | 84 | 39.1 | 84 | 40 | ||
| Hold | 33 | 15.3 | 50 | 23.8 | ||
| None | 0 | 0 | 1 | 0.5 | ||
| Total | 246 | 100 | 309 | 100 | ||
| Summary of quarter | ||
| No. of articles | % | |
| Buy | ||
| Sell | ||
| Hold | ||
| None | ||
| Total | ||
| April | May | June | ||||
| No. of articles | % | No. of articles | % | No. of articles | % | |
| Buy | 87 | 45.0 | 70 | 54.3 | 84 | 50 |
| Sell | 69 | 35.8 | 25 | 19.3 | 41 | 24.4 |
| Hold | 32 | 16.6 | 32 | 24.4 | 41 | 24.4 |
| None | 5 | 2.6 | 2 | 1.2 | 2 | 1.2 |
| Total | 193 | 100 | 129 | 100 | 168 | 100 |
| Summary of quarter | ||
| No. of articles | % | |
| Buy | 241 | 49.2 |
| Sell | 135 | 27.6 |
| Hold | 105 | 21.4 |
| None | 9 | 1.8 |
| Total | 490 | 100 |
| January | February | March | ||||
| No. of articles | % | No. of articles | % | No. of articles | % | |
| Buy | 111 | 48.7 | 107 | 50 | 120 | 46.2 |
| Sell | 75 | 32.9 | 53 | 24.8 | 77 | 29.6 |
| Hold | 36 | 15.8 | 40 | 18.7 | 44 | 16.9 |
| None | 6 | 2.6 | 14 | 6.5 | 19 | 7.3 |
| Total | 141 | 100 | 214 | 100 | 260 | 100 |
| Summary of quarter | ||
| No. of articles | % | |
| Buy | 338 | 48.1 |
| Sell | 205 | 29.2 |
| Hold | 120 | 17.1 |
| None | 39 | 5.6 |
| Total | 702 | 100 |
Correct at 1 October 2014. No representation or warranty is given as to the accuracy or completeness of this information. See full non-independent research disclaimer.
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