Guess How Many S&P 500 Companies Have Unanimous Sells? But Does It Matter?

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Rupert Hargreaves
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Right now, according to Wall Street analysts, there are only three companies in the S&P 500 that deserve a unanimous Buy rating, according to FactSet. Of the 505 stocks that FactSet tracks in the S&P 500, 247 are rated as Buy by more than half of the analysts covering them, reports MarketWatch. The three stocks Wall Street has given its unanimous vote of confidence to are: Affiliated Managers Group, Allergan and Delta Air Lines. The consensus price target for each stock is $220.30, $363.06 and $61.33 respectively. The article seems to imply that analysts are not “that bad” because only three stocks have…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk