UK markets closed
  • NIKKEI 225

    26,804.60
    -244.87 (-0.91%)
     
  • HANG SENG

    21,996.89
    -422.08 (-1.88%)
     
  • CRUDE OIL

    109.63
    -2.13 (-1.91%)
     
  • GOLD FUTURES

    1,819.20
    -2.00 (-0.11%)
     
  • DOW

    31,029.31
    +82.32 (+0.27%)
     
  • BTC-GBP

    16,738.37
    -113.41 (-0.67%)
     
  • CMC Crypto 200

    434.46
    -5.20 (-1.18%)
     
  • ^IXIC

    11,177.89
    -3.65 (-0.03%)
     
  • ^FTAS

    4,019.53
    -15.71 (-0.39%)
     

Here is what expert analysts think about Good Energy

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

City analysts understand the companies they cover better than anyone - so it can pay to take note of their trading recommendations. 'Buy', 'hold' and 'sell' ratings can be a useful signal when it comes to deciding whether to buy a share or not.

While it's fair to say that analysts can sometimes get things wrong, when you take the 'consensus' view of all the analysts that follow a company, it might give you a more reliable idea about what the future holds...

Take Good Energy (LON:GOOD) as an example. Shares in the company have risen by 9.47% over the past month and it’s currently trading at 260p. But what are the trading recommendations of the analysts that cover it?

Based on the broker 'consensus', there could be reasons to believe that the positive recent trend will continue. In terms of trading recommendations, Good Energy currently has:

  • 2 Buy recommendations

  • 0 Hold recommendations

  • 0 Sell recommendations

This suggests that analysts are generally upbeat about the outlook.

At its current price of 260p, shares in Good Energy are trading at a discount of -34.7% to its 52 week high price. The 1-year performance of the shares has been -7.64%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Good Energy it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Good Energy that you can find out about here.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting