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Stock impact report

Is Modine (MOD) a Buy as Wall Street Analysts Look Optimistic? [Yahoo! Finance]

Modine Manufacturing Company (MOD) 
Last modine manufacturing company earnings: 2/4 04:21 pm Check Earnings Report
US:NYSE Investor Relations: modine.com/web/en/investors.htm
Company Research Source: Yahoo! Finance
While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Modine (MOD). Modine currently has an average brokerage recommendation (ABR) of 1.20, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.20 approximates between Strong Buy and Buy. Of the five recommendations that derive the current ABR, four are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 80% and 20% of all recommendations. Check price target & stock forecast for Modine here While the ABR calls for buying Modine, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to Show less Read more
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