BAT, Smurfit Kappa, Greencore Lead List Of FTSE 'Stocks To Watch' In 2018: Study
Stocks including British American Tobacco, Smurfit Kappa and Greencore are among those with the highest percentage of broker buy ratings in the FTSE 100 and FTSE 350 lists, according to a new study by AJ Bell. However, it has also suggested that, based on past experience, a high percentage of buy ratings isn’t a guarantee of success.
The pension and investment firm analysed the most popular stocks based on the current percentage of broker buy ratings for the coming year, finding almost universal broker approval for British American Tobacco (94%) and Smurfit Kappa (93%) on the FTSE 100 list, and a 100% buy rating for convenience-foods company Greencore on the FTSE 350 list.
Other firms that rated highly in the eyes of brokers included NMC Health (88%), DCC (86%) and Ashtead (83%) on the FTSE 100 list, and National Express (100%), Equiniti (100%) and JD Sports (100%) on the FTSE 350 list, to name but a few.
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