Analyst ratings on stocks can be a big help for investors – and if the analyst has a 100% success rate on the stock, then that’s an even better sign – here’s three companies successfully tipped by top analysts.
Specialty insurer Beazley (GB:BEZ), hydrocarbon exploration company Energean Oil & Gas (GB:ENOG), and banking giant NatWest Group (GB:NWG) are three such companies on which analysts have had 100% success rates.
The TipRanks Expert Center lists a wide list of financial experts, including analysts, bloggers, and more. Investors can choose the shares from the best-rated analysts based on their success rates and returns for better diversification in their portfolios.
Beazley Stock
After hitting a low spot in March 2022, Beazley stock has gained a lot of momentum and has been trading up by 35% YTD.
Four-star-rated analyst Ivan Bokhmat from Barclays has been optimistic about the stock since November, 2020. Based on his rating, that was the right time for any investor to enter the stock and make great returns. He made an average return of 32.5% per rating.
All of his 13 ratings were profitable, leading to a 100% success rate.
Beazley share price forecast
According to TipRanks consensus, Beazley stock has a Moderate Buy rating. It has a total of 10 ratings, including seven Buy and three Hold recommendations.
The BEZ target price is 655.3p, which is 9.8% higher than the current price level. The target has a high forecast of 780p and a low forecast of 530p.
Energean Oil and Gas
Berenberg Bank analyst James Carmichael has a total of 11 ratings on Energean’s stock, with all Buy recommendations. Most recently, in September 2022, he reiterated his Buy rating on the stock and raised the target price to 1,750p from 1,540p.
Carmichael has a 100% success rate on this stock, with all 11 ratings being profitable. He has generated an average return of 33.5% per rating.
Carmichael believes, “Energean is building a diverse, gas-weighted production portfolio. In addition, contracted pricing insulates it from commodity price volatility, and the strong balance sheet will fund all planned capex.”
Energean share price forecast
According to TipRanks consensus, Energean stock has a Moderate Buy rating. This is based on three Buy recommendations.
The ENOG target price is 1,733.3p, which has an upside potential of 25%.
NatWest Group
The UK-based banking and insurance company NatWest Group is a favourite among analysts. The stock enjoys wide coverage and has ratings from 12 analysts on TipRanks.
Credit Suisse analyst Omar Keenan is bullish on the bank and initiated his rating on NatWest in March 2021. He has 10 Buy ratings on the stock and has been profitable every single time. He has earned an average return of 17% per rating.
Keenan holds a tight grip on the financial sector and has strong experience in rating European banks. Overall, he has a success rate of 64%.
Is NatWest Group a buy?
As per TipRanks consensus, NatWest stock has a Strong Buy rating. The stock has ten Buy and two Hold recommendations.
The NWG target price is 357.97p, which has an upside potential of 44.6%. The target price range is between a low forecast of 242p and a high forecast of 441.53p.
Recently, Keenan raised his target price on the stock to 350p from 340p, while maintaining his Buy rating.
Conclusion
Based on these analyst’s experience and success rates, these stocks may be profitable investments for investors.
