Analysts optimistic on Ever Sunshine Lifestyle Services outlook

The Ever Sunshine Lifestyle Services (HKG:1995) share price has risen by 16.8% over the past month and it’s currently trading at 19.5. 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, Ever Sunshine Lifestyle Services currently has:

• 11 Buy recommendations
• 2 Hold recommendations
• 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

Researching beyond broker forecasts

At its current price of 19.5, shares in Ever Sunshine Lifestyle Services are trading at a discount of -24.4% to its 52 week high price. The 1-year performance of the shares has been 104.1%.

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 Ever Sunshine Services it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Ever Sunshine Services that you can find out about here.