Financial analyst recommendations and profit

• Main Authors: Aw, Ying Feng, Lin, Weiqiao, Loh, Jaysen
• Other Authors: Charlie Charoenwong
• Format: Final Year Project
• Language: English
• Published: 2009
• Subjects: DRNTU::Business::Finance::Equity
• Online Access: http://hdl.handle.net/10356/15348
• Institution: Nanyang Technological University

This paper examines analyst recommendations in Singapore, Malaysia and Thailand, the three largest stock exchanges in Southeast Asia. By constructing monthly-rebalanced portfolios of stocks classified by the levels of recommendations the stocks received and the revisions in these recommendations, th...