Japara Healthcare Recommendation mean
What is the Recommendation mean of Japara Healthcare?
The Recommendation mean of Japara Healthcare Limited is 3.40
What is the definition of Recommendation mean?
Recommendation mean is the mean of analysts’ ratings of the stock ranging from 1.0 (strong buy) to 5.0 (strong sell).
Mean of recommendations is an average of ratings from different analysts but it should still be used with other research and investment metrics in order to make investment decisions. It is important to understand a firm's entire scale when assimilating ratings. Additionally, analyst recommendations on stocks owned by firms employing them may be seen as potentially biased.
Financial analysts are often employed by mutual and pension funds, hedge funds, securities firms, banks, investment banks, insurance companies, and other businesses, helping these companies or their clients make investment decisions. Financial analysts employed in commercial lending perform "balance sheet analysis," examining the audited financial statements and corollary data in order to assess lending risks. In a stock brokerage house or in an investment bank, they read company financial statements and analyze commodity prices, sales, costs, expenses, and tax rates in order to determine a company's value and project future earnings. In any of these various institutions, the analyst often meets with company officials to gain a better insight into a company's prospects and to determine the company's managerial effectiveness.
Usually, financial analysts study an entire industry, assessing current trends in business practices, products, and industry competition. They must keep abreast of new regulations or policies that may affect the industry, as well as monitor the economy to determine its effect on earnings.
Recommendation mean of companies in the Health Care sector on ASX compared to Japara Healthcare
What does Japara Healthcare do?
Japara Healthcare Limited, together with its subsidiaries, owns, develops, and operates residential aged care homes in Australia. It operates approximately 4,400 resident places across 51 homes located in Victoria, New South Wales, Queensland, South Australia, and Tasmania; and 180 independent living units across 5 retirement villages. The company was founded in 2005 and is based in Southbank, Australia.
Companies with recommendation mean similar to Japara Healthcare
- Western Asset Mortgage Capital Corp has Recommendation mean of 3.33
- Equity Residential Properties Trust has Recommendation mean of 3.36
- Aurora Cannabis Inc has Recommendation mean of 3.37
- SecureWorks Corp has Recommendation mean of 3.38
- Sally Beauty Inc has Recommendation mean of 3.38
- LTC Properties has Recommendation mean of 3.38
- Japara Healthcare has Recommendation mean of 3.40
- Macerich Co has Recommendation mean of 3.41
- Imperial Oil has Recommendation mean of 3.42
- Hormel Foods has Recommendation mean of 3.42
- Clovis Oncology Inc has Recommendation mean of 3.43
- Commerce Bancshares has Recommendation mean of 3.44
- Nexa Resources S.A has Recommendation mean of 3.45