Upbeat broker recommendations for Kec International
The Kec International (NSI:KEC) share price has risen by 10.3% over the past month and it’s currently trading at 371.05. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Kec International currently has:
- 12 Buy recommendations
- 2 Hold recommendations
- 1 Sell recommendations
This suggests that analysts are generally positive about the outlook.
Looking behind the broker forecasts
At its current price of 371.05, shares in Kec International are trading at a discount of -3.48% to its 52 week high price. The 1-year performance of the shares has been 23.8%.
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 KEC International it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with KEC International that you can find out about here.
About us
Stockopedia helps individual investors make confident, profitable choices in the stock market. Our StockRank and factor investing toolbox unlocks institutional-quality insights into thousands of global stocks. Voted “Best Investment Research Tools” and “Best Research Service” at the 2021 UK Investor Magazine awards.