Broker Consensus (1=buy, 5=sell)

What is the definition of Broker Consensus?

Consensus Recommendation of brokers on a 1-5 scale. Rather counter intuitively perhaps 1 is scored as a Strong Buy, and 5 as a Strong sell. 3 is a hold.

A consensus recommendation for an individual stock compiles ratings from a number of analysts who track that stock. The recommendation is expressed as a median of the separate recommendations.

Stockopedia explains Broker Consensus...

A consensus recommendation provides a snapshot of current thinking about a stock, so it can serve as a benchmark against which you can compare a single analyst's opinion to gauge how mainstream it is.

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