Toller and Riley are on the staff of the global data department
at Bloomberg in London.Recommendations. The shortcut is {BRBY LN Equity ANR <GO>}.
There were 5 buys, 13 holds, and 4 sells on Burberry as of
March 16 (FIG. 2). The latest forecasts are listed in the table.
Deutsche Bank AG’s Francesca Di Pasquantonio made a hold
recommendation with a target price of 1,950 pence ($24) on
March 12. AlphaValue/Baader Europe’s Jie Zhang made an add
recommendation with a target price of 1,572 pence on the following
day. Burberry shares traded at 1,242 pence on March 16. Other
forecasts in ANR were from early March and late February.
To be notified as ratings and forecasts change, click the red
Alert button at the top of the page. Note that you can enter another
company or a list of securities using the amber box. Choose All
recommendations and set the delivery method (FIG. 3). Click Create
Alert. You will now be alerted when new recommendations
come through.
For more detailed forecasts on a selected company, run
{EE <GO>} to open the Earnings & Estimates function or
{MODL <GO>} for the Analyst Estimates and Models function.
There are also Bloomberg Automation stories that move
when new forecasts appear. For changes in analyst
recommendations, go to {NI ANACHGBA <GO>}. For changes to
price targets, run {NI ANAPTCHG}. European analyst ratings are
found at {NI ANAEUR <GO>}; U.S. analyst ratings are available at
{NI ANAUS <GO>}; and Chinese equity research wrap is at
{NI ANACHIWRP <GO>}. For a list of stories that are generated
when a company’s share price crosses above an average price
target, go to {NI SHRXPT <GO>}.
Predicting markets will always be difficult. Getting notified
of analyst recommendation changes doesn’t need to be.Estimates
Get Notified of the Latest Forecasts a s
Analysts Rip Up Old Earnings Calls
By KATHARINE TOLLER and ERIN RILEY
EQUITY ANALYSTS ARE furiously revising their estimates and models
to incorporate coronavirus containment measures and plunging
stock prices.
Here’s how the Bloomberg terminal can help you track
changes in recommendations for companies, indexes, and
economies. You can set up alerts to notify you of these updates.
BY MID-MARCH, China appeared to be emerging from the Covid-19
pandemic, while other countries were at an earlier stage in the
outbreak. One sector that’s exposed to the Chinese economy, and
had sold off heavily in previous weeks, was European luxury goods.
To see the latest forecasts for companies in the sector, type
“BI luxury goods” in the command line of a Bloomberg screen and
choose BIEULGCP Index – BI Europe Luxury Goods Competitive
Peers Index from autocomplete. Then select MEMB – Member
Weightings from the menu of functions. (The shortcut is
{ BIEULGCP Index MEMB
In the amber box to the left of Fields, type “YTD total return”
and choose Year To Date Total Return – Current. Click into the field
and hit
worst-performing companies to the best, click on the column
heading (FIG. 1).
One of the European companies in this index that’s most
dependent on Chinese demand is Burberry Group Plc, which had
fallen 44% this year as of March 16. The index had dropped 34%
over the same period.
The onset of the coronavirus has wreaked havoc on existing
analyst forecasts, and these are likely to be reassessed. To find
the latest estimates on Burberry and track their evolution going
forward, type “Burberry” in the command line and choose BRBY
LN Equity – Burberry Group PLC (London) from autocomplete.
Click the Research & Estimates section and choose ANR – Analyst
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