Ratings Distribution
| 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 2009 the distribution of all our published recommendations is as follows:
| Recommendation |
Total Stocks |
Percentage |
Corporate |
| Buy |
18 |
22% |
4 |
| Outperform |
4 |
5% |
4 |
| Market Perform |
18 |
22% |
1 |
| Underperform |
26 |
33% |
3 |
| Sell |
14 |
18% |
0 |
| Speculative Buy |
0 |
0% |
0 |
| Total |
80 |
100% |
12 |
This table demonstrates the distribution of WH Ireland recommendations and only related to research produced by the institutional research team of WH Ireland. The first column illustrates the distribution in absolute terms with the second showing the percentages.
