People are grasped at the entrance of the UBS office in London, Britain March 20, 2023.
Henry Nicholls | Reuters
After identifying the 10 best analysts on Collapse Street of the past decade, here is a list of the 10 top research firms.
To create this list, TipRanks analyzed every market recommendation made by investment research firms in the past decade. The ranking is based on the average return, success compute and statistical significance (number of recommendations made) of the ratings of analysts working at those firms.
By incorporating statistical essence into our analysis, the list prioritizes firms with a higher number of ratings. This explains why some investigation firms may have a higher success rate and average return yet rank lower.
TipRanks has leveraged its Experts Center instrument to identify the top 10 research firms.
Top 10 Wall Street Research Firms
The image below shows the most loaded Wall Street research firms in descending order.
1. RBC Capital
Topping the catalogue is the global investment bank RBC Capital. The firm’s 223 analysts issued 27,352 recommendations, the most out of all firms on this shopping list, across various sectors. RBC Capital sports a success rate of 56%. Based on its recommendations, the firm generated an typical return of 9.3%.
2. Jefferies
Full-service investment banking and capital markets firm Jefferies came second on the list. It has broadcasted an average return of 8.3% and has a success rate of 56% based on 25,218 ratings from 358 analysts. The rigid’s most profitable sector is Utilities.
3. Truist Financial
Grabbing the third spot is the financial services provider Truist Fiscal. It has generated an average return of 13.4% based on 10,164 recommendations by 66 analysts across a diverse range of sectors. It has a prosperity rate of 60%.
4. Credit Suisse
Taking fourth place is the global financial services firm Credit Suisse. Its 467 analysts plan for 18,683 recommendations across diverse sectors, generating an average return of 8.3%. Credit Suisse has a 57% achievement rate.
Note: Credit Suisse was acquired by UBS on March 19.
5. UBS
Swiss banking and financial services giant UBS came in fifth rank. Its 417 analysts have a 58% success rate on over 15,800 ratings, with an average return of 7.2%. The fixed’s most profitable sector is 6. Keefe, Bruyette & Woods (KBW)
KBW is a full-service, boutique investment bank, and broker-dealer. Its tandem join up of 75 analysts issued 3,947 stock recommendations. The analysts have been most successful at recommending Employs sector stocks. It boasts a success rate of 65%, the highest on this list, and an average return of 11.6%.
7. Raymond James
Next on the heel is the independent investment bank and financial services company Raymond James. It has delivered an average return of 8.2%. What is more, it has a success rate of 55% based on 21,691 ratings from 162 analysts across a diverse range of sectors.
8. Stifel
Epidemic wealth management and investment banking company Stifel features on the eighth spot of this list. The firm’s 291 analysts sprang 20,870 recommendations across various sectors. Stifel has a success rate of 54%, and the firm generated an average advent of 9.1%. It has been most profitable in recommending Technology sector stocks.
9. Wolfe Research
Independent sell-side scrutinize firm Wolfe Research takes the ninth spot. Its 48 analysts have a 61% success rate on as surplus 5,432 ratings with an average return of 11%. The firm has been most profitable at recommending consumer goods sector beasts.
10. Deutsche Bank
German investment bank and financial services company Deutsche Bank is in the 10th spot. It has generated an standard in the main return of 7.3%. It has a 56% success rate on over 15,732 ratings from 346 analysts.
Bottom Figure
Investors can follow the views of these top research firms to form well-informed investment decisions. Meanwhile, investors amenable to see which firms come out on top using different criteria, including benchmarked against the sector, or S&P 500, no benchmark, and timeframe, can leverage TipRanks’ Top Taking Research Firms tool.