Ratings
|
Rating
|
Definition
|
|
Buy
|
Expected to outperform the FTSE All Share by 15% or more over the next 12 months
|
|
Outperform
|
Expected to outperform the FTSE All Share by 5/15% over the next 12 months
|
|
Market Perform
|
Expected to perform in line with the FTSE All Share over the next 12 months
|
|
Underperform
|
Expected to underperform the FTSE All Share by 5/15% or more over the next 12 months
|
|
Sell
|
Expected to underperform the FTSE All Share by 15% or more over the next 12 months
|
|
Speculative Buy
|
The stock has considerable level of upside but there is a higher than average degree of risk
|
Stock Rating Distribution
As at the quarter ending 31st December 2007 the distribution of all our published recommendations is as follows:
|
Recommendation
|
Total Stocks
|
Percentage
|
|
Buy
|
27
|
32%
|
|
Speculative Buy
|
7
|
8%
|
|
Outperform
|
24
|
28%
|
|
Market Perform
|
22
|
26%
|
|
Under perform
|
3
|
4%
|
|
Sell
|
2
|
2%
|
|
Total
|
85
|
100%
|
This table demonstrates the distribution of WH Ireland recommendations. The first column illustrates the distribution in absolute terms with the second showing the percentages.