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Selling Group Financial Glossary

What is it? A collection of investment bankers who participate in the distribution of new issues to potential investors.

Finance Term Definition Added By: Katie

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Financial Term Recommendations (REC) is This is the current recommendation, which the broker published with the latest forecast. This can be a straightforward buy, sell or hold, for example. More often, it lies somewhere between or even beyond these three terms, for example weak hold, or overweight, and each broker has a range of perhaps eight to twelve such gradations. A + or - sign accompanying a recommendation denotes, respectively, an upgrade or downgrade when compared with the previously published recommendation. It should be understood that a single recommendation from a given broker must be viewed in its full context, namely the entire text of the research it is based on, the share price at the time of writing, and the full range of recommendations employed by that broker.