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Companies smashing broker forecasts

Find out which companies have seen the biggest upgrades to their earnings forecasts this month.
Companies smashing broker forecasts

Companies' smashing broker forecasts are almost certain to enjoy strong share price rises. Keeping an eye on upgrades and downgrades in consensus forecasts can help provide ideas for your next investment. 

Register here to download our exclusive table of broker upgrades and downgrades 

Our upgrade and downgrade tables are based on changes made by brokers over the last month to their consensus forecast earnings for the year ahead. Comparisons are made between forecasts for the same 12 month period, which run from the date given on the table. The tables are ordered by largest to smallest one month revisions.

 

Find out more about companies beating broker forecasts in the links below

 

As their recovery prospects improve, UK banks could beat their full year forecasts.

Self-storage specialist Safestore (SAFE) anticipates earnings this year will hit the top-end of analysts' expectations.  

Pharma giant AbbVie (US:ABBV) exceeded brokers’ forecasts in the fourth quarter.

 

Why do broker upgrades matter?

Share prices reflect investor expectation for company performance. That expectation is partly based on company expectations or forecasts from brokers. Thus, if a company can beat those expectations, the share price is likely to enjoy a leap. 

Some companies make a habit of beating expectations. Click on the links below to find out more about Britain's best.

JD Sports 

Not many retailers managed to deliver on their guidance amid the challenges of lockdown, but JD Sports continued on its impressive outperformance streak. You can find out how JD Sports has prepared for the challenges of the high street in this analysis.

 

Games Workshop 

Management at the manufacturer of gaming miniature wargames are masters at managing expectations. Having listed in 1994, the shares plodded along for over two decades before taking off in 2016. Find out how the company has engineered its success in this analysis. 

 

Top 25 Biggest Upgrades - 24 February

UPGRADES
24 February 2021FWD EPS CHG
Name (price)EPS NTM1mth ago3mth ago1 yr ago
Indivior (128p)8.1ȼ719%-340%
Character Group (455p)143p269%790%290%
Hochschild Mining (220p)20.8ȼ212%163%100%
Savannah Energy (18p)0.7ȼ212%--
REACT Group (2p)0.1p150%150%-
Lloyds Banking Group (39p)3.3p141%159%-51%
Gaming Realms (33p)0.2p139%--
IP Group (115p)8.2p133%143%-13%
Royal Dutch Shell (1,434p)105ȼ120%106%-45%
Royal Dutch Shell (1,377p)106ȼ119%104%-44%
Glencore (304p)25.5ȼ108%194%62%
Barclays (159p)16.0p94%98%-32%
ECO Animal Health Group (330p)12.1p88%88%95%
Royal Mail (456p)39.0p73%164%84%
Crest Nicholson (318p)23.3p67%70%-36%
St Modwen Properties (391p)17.0p58%67%-30%
HSBC Holdings (428p)31.8ȼ56%50%-39%
Sylvania Platinum (111p)28.4ȼ55%52%75%
LPA Group (83p)7.0p46%46%-12%
Chrysalis Investments (200p)50.3p44%44%-
TBC Bank Group (1,112p)21738%37%-21%
Water Intelligence (555p)17.3ȼ37%26%37%
Smith & Nephew (1,410p)65.2ȼ35%28%-22%
SThree (331p)18.7p34%34%-43%
DX Group (31p)1.4p32%65%100%

Top 25 Biggest Downgrades - 24 February

DOWNGRADES
24 February 2021FWD EPS CHG
Name (price)EPS NTM1mth ago3mth ago1 yr ago
Town Centre Securities (110p)0.1p-97%-96%-99%
Jarvis Securities (223p)12.4p-75%--
Hotel Chocolat Group (375p)2.3p-59%-47%-77%
Good Energy Group (191p)4.7p-55%-48%-
Plus500 (1,385p)155ȼ-55%-56%63%
United Oil & Gas (4p)0.2ȼ-55%-57%-
Manolete Partners (245p)11.9p-52%-52%-37%
Just Eat Takeaway.com (7,032p)33.5€ȼ-47%-44%-37%
Harworth Group (116p)1.5p-44%-44%-75%
eEnergy Group (18p)0.1p-42%-25%-
Orchard Funding Group (56p)3.5p-37%-37%-
AA (35p)6.9p-27%-47%-53%
Somero Enterprises (365p)18.8ȼ-23%--34%
IG Design Group (498p)18.2p-22%-15%-42%
Greencore Group (148p)4.8p-20%7%-74%
Burford Capital (650p)68.3ȼ-18%-6%-37%
Hummingbird Resources (23p)4.2ȼ-18%-47%-
Shanta Gold (15p)0.7ȼ-18%-36%62%
GCP Student Living (149p)2.4p-16%-31%-58%
Nichols (1,168p)26.6p-15%-26%-63%
Balfour Beatty (272p)5.4p-14%-16%-77%
RDI REIT (92p)4.2p-14%-14%-62%
Micro Focus International (423p)101ȼ-13%-15%-22%
Marks & Spencer Group (144p)3.5p-13%-40%-81%
Target Healthcare REIT (113p)6.1p-13%-13%-12%