Definition of Peer perform:
Peer perform is an investment rating that sell-side analysts use when a given security provides returns consistent with those of other companies in its sector. A peer perform is a neutral assessment; it predicts a security will move in line with similar companies. The peer perform roughly equates to a rating of hold because investors do not expect the security to outperform comparable assets.
Only a minority of sell-side research operations currently use the peer perform rating, instead of using the equivalents: hold; market perform; or neutral; to convey roughly the same sentiment.
When a security is expected to provide returns consistent with those of other companies in the same sector, a peer perform investment rating is given by analysts. A peer perform rating is similar to a hold rating in that investors do not think that the security will outperform other comparable assets.
How to use Peer perform in a sentence?
- Not often used, peer perform is roughly equivalent to market perform, neutral, or hold recommendations issued by equity analysts.
- Peer perform is used mainly by analysts that specialize in industry group or sector recommendations, including Wolfe Research and the now-defunct Bear Stearns.
- Peer perform is a sell-side analysts' rating that indicates a neutral outlook for the shares of a company.
Meaning of Peer perform & Peer perform Definition