Will the Ten Lifestyle share price run continue?

In this article we will quickly re-cap the broker forecasts for Ten Lifestyle (LON:TENG).

The Ten Lifestyle share price has risen by 25.7% over the past month and it’s currently trading at 93.25. 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, Ten Lifestyle currently has:

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

This suggests that analysts are generally positive about the outlook.

Questioning broker positivity

At its current price of 93.25, shares in Ten Lifestyle are trading at a discount of -33.1% to its 52 week high price. The 1-year performance of the shares has been -23.5%.

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