Confusion between Sell & Buy Recommendations for Stocks

Angel Broking is bullish on Bank of India and has recommended accumulate rating on the stock with a target of Rs 304 in its October 30, 2012 research report. (Link: http://www.moneycontrol.com/news/recommendations/accumulate-bankindia-targetrs-304-angel-broking_776289.html )

KRChoksey is bearish on Bank of India and has recommended sell rating on the stock with a target of Rs 270 in its October 31, 2012 research report. (Link: http://www.moneycontrol.com/news/recommendations/sell-bankindia-targetrs-270-krchoksey_776267.html )

The funny thing is both reports appear on the same day (Nov 1, 2012) and in the same portal (The self acclaimed, India’s No.1 Financial Portal)

Take your pick! :)

If you want more information, Emkay is bearish with a target of Rs 240 for the scrip while Motilal Oswal is neutral. Today the stock is trading at 281.

How do you manage this information overload? Please share.

Thanks for reading. Please check out our Maximum Living Program and You can send us email for details about the workshops and book.

Connect with Ranjan Varma

Ranjan Varma has written 477 post on this blog.

Ranjan Varma has over 20 years of work experience in the financial services industry. Ranjan has worked with LIC & LIC Housing Finance in various positions like Branch Manager, Manager Sales, Area Manager, Deputy Regional Manager, etc. Ranjan has experience working in areas like Sales, Marketing, Investments & HR. Ranjan Varma has been interacting on his blog @ http://ranjanvarma.com since 2007, with posts on how to manage money. Ranjan Varma edits a personal finance website and has built products & tools for financial management @ http://rupeemanager.com. Ranjan also delivers training on personal finance. Ranjan has spoken at various seminars/workshops at Corporates and many Educational Institutions. Ranjan believes in Vipassana, a way of self-transformation through self-observation (to see things as they really are). Ranjan also aspires to create new businesses & projects from time to time.

Blogger PostLinkedInTwitterFriendFeedFacebookEmailShare/Save

About Ranjan Varma

Ranjan Varma has over 20 years of work experience in the financial services industry. Ranjan has worked with LIC & LIC Housing Finance in various positions like Branch Manager, Manager Sales, Area Manager, Deputy Regional Manager, etc. Ranjan has experience working in areas like Sales, Marketing, Investments & HR. Ranjan Varma has been interacting on his blog @ http://ranjanvarma.com since 2007, with posts on how to manage money. Ranjan Varma edits a personal finance website and has built products & tools for financial management @ http://rupeemanager.com. Ranjan also delivers training on personal finance. Ranjan has spoken at various seminars/workshops at Corporates and many Educational Institutions. Ranjan believes in Vipassana, a way of self-transformation through self-observation (to see things as they really are). Ranjan also aspires to create new businesses & projects from time to time.
This entry was posted in Cost of Free Advice and tagged . Bookmark the permalink.

5 Responses to Confusion between Sell & Buy Recommendations for Stocks

  1. Prajith says:

    I stopped reading expert opinions…. more funny will be the same person who is bully would start feeling bearish after couple of days… and that keep changing after each 100 point change in nifty :)

  2. Akshay says:

    My guess is they’r all using some form of technicals to arrive at their figures. That is the only thing that explains the huge spread in their forecasts.
    In this situation, look at the fundamentals, the market sentiment and look for possible future disclosures by BoI for judging the “right” direction of the stock.

  3. radhe says:

    All the three firms Analyst studied from different colleges so might be the teacher taught them different Apporaches of how to give calls.

  4. AMEE says:

    Make sure that your investments regularly have the opportunity to grow by setting up an automatic
    payment from your daily account to your investment account.

    Set up an automatic transfer to occur on payday so that
    you are effectively paying yourself like any other bill.
    And then watch your investments monies grow.

  5. Corina says:

    I’m not sure why but this site is loading incredibly slow for me. Is anyone else having this issue or is it a issue on my end? I’ll check back
    later and see if the problem still exists.

Leave a Reply