Watching the Street
“Neutral” Rating Continues in Hong Kong
Analysts remain “neutral” on Hong Kong, a streak that began earlier this year, after 4 years of rating the country a “buy” in Asia.
Read MoreMalaysia Has Not Been a “Buy” in Asia for the Past Five Years
Malaysia has not been a “Buy” in Asia for the past five years. Analysts have been conservative with EPS growth estimates, but earnings have fallen each year from 2013 to 2015. For 2016, however, EPS is expected to grow by 11%.
Read MoreIndonesia Is on the Verge of Analysts Calling It a “Buy”
If we begin with consensus recommendations, we can see that the bottom-up country relative consensus recommendations and analysts’ recommendations have been gradually improving over the past five years. Certain analysts are now calling the country a “Buy”.
Read MoreThailand Is Currently a ‘Buy’ in Asia
Analysts have had positive recommendations on Thailand for five years, and it remains a “Buy” in Asia. The 2016 estimated upside has already been reached, and the 12-month forward is at 3%, since the SET index has shown strong performance year-to-date.
Read MoreRecommendations on Singapore Have Seen a Massive Fall
Consensus recommendations on Singapore have gone from a “Buy” in the 2014-2015 period to the current recommendation of “Sell”—a massive fall.
Read MoreAnalysts Remain Very Optimistic on India
In the bottom-up country consensus recommendations India hasn’t been a “Buy” in Asia for the past five years. Recently, however, it has gotten stronger recommendations and moved to “Neutral” from “Sell.”
Read MoreRecommendation is Currently at Maximum Level for the Philippines
We can see that the bottom-up country relative consensus recommendation is currently a maximum level “Buy” for the Philippines. The consensus EPS growth estimates have been stable over the last five years at about 11% on average.
Read MoreAnalysts Recommendations More Measured for China
Analyst recommendations have begun looking more measured for China after a rough couple of years. Here you can see that analysts covering the Chinese market have moved from being very negative in 2013, 2014 and 2015 to being neutral in 2016 so far.
Read MoreHong Kong Has Fallen to “Neutral” Rating in Asia
Analysts are now neutral on Hong Kong after four years of rating the country a “Buy” in Asia, but several companies still remain attractive to investors.
Read MoreRecommendations on Taiwan Don’t Look Very Promising
Taiwan has the most negative analyst recommendations in Asia. It’s an extreme relative to all the other countries in Asia. Consensus target prices remain dim.
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