Global Analyst Ratings Research Index

What the research currently shows

The index preserves rating actions as historical observations rather than overwriting prior calls with the latest target.

Currency and listing identity matter: targets for a European ordinary share are not automatically comparable with a US ADR unless conversion and security identity are explicit.

Questions this dataset is built to answer

• Which brokerage changed a rating or price target, on what date and for which security?
• Was the action an upgrade, downgrade, initiation, reiteration or target-only change?
• How does a broker target differ from consensus and from the current market price?

Source hierarchy

1. Primary official sources, company filings, regulator publications and operator disclosures are preferred for factual dataset records.
2. High-quality wire reporting or specialist trade reporting with an explicit attributable source trail may be used where it adds a dated physical-project fact not available in a practical first-party source.
3. Secondary press, estimates and promotional claims are not promoted into dataset facts unless their status and provenance are clearly labelled.

Data quality controls

• Observation date and publication date are kept distinct where the underlying fact is time-sensitive.
• Announced, planned, under-construction and operating states are not collapsed into one status.
• Parent programme IDs distinguish child-site milestones from wider investment programmes so nested values are not silently double counted.
• Reported results, management guidance, analyst opinions and policy targets remain separate evidence classes.
• Missing values remain missing rather than being filled with inferred or modelled estimates.
• Historical observations preserve earlier stated values and milestones rather than silently replacing them with the newest figure.
• Material revisions are recorded so later updates do not erase the historical basis of an earlier observation.

Dataset methodology

Scope

Published GMR research where a named brokerage action, price-target change, consensus measure or analyst-rating framework is central to the article.

Inclusion criteria

Each record must retain publication date, underlying company and attributable brokerage or consensus source.

Exclusions and limitations

Unattributed targets, stale screenshots and inferred analyst views are excluded. A target is never presented as a guaranteed future price.

Revision policy

Brokerage actions remain dated historical records. New actions are appended rather than overwriting the previous research context.

Reuse and attribution

Journalists, researchers and analysts may quote figures with attribution to Global Markets Review, the dataset version and review date. For substantial republication, chart reuse or data licensing, contact editor@globalmarketsreview.org.