Constellation Energy Corporation (CEG) Is Considered a Good Investment by Brokers: Is That True?
This article examines Constellation Energy Corporation's (CEG) average brokerage recommendation (ABR) of 1.61, indicating a strong positive outlook from analysts. However, it cautions investors against relying solely on ABRs due to inherent analyst bias and instead suggests cross-referencing with other tools like the Zacks Rank, which for CEG is currently a #3 (Hold), based on unchanged earnings estimates. The article highlights that brokerage recommendations often have a positive bias, while the Zacks Rank offers a more objective and timely indicator based on earnings estimate revisions.
https://finviz.com/news/278914/constellation-energy-corporation-ceg-is-considered-a-good-investment-by-brokers-is-that-true