Thomson Reuters Analyst Awards 2016: Winners of U.S. Awards Announced

Goldman Sachs recognized as the top brokerage firm; Thomas McCrohan (CLSA) and Samana Samad (FBR Capital Markets) take top individual awards

NEW YORK – Thomson Reuters today announced the winners of the 2016 Thomson Reuters Analyst Awards for the U.S. This is the eleventh year that the awards have been presented to the top ranking stock analysts and brokerage firms across in the U.S.
The Awards, based on objective Thomson Reuters StarMine sell-side securities analysts’ ratings, measure the performance of analysts against the industry excess returns of their buy/sell recommendations and the accuracy of their earnings estimates. The 2016 awards recognise the sell-side securities analysts who have shown outstanding performance as either Stock Pickers during the 2015 calendar year, and/or Earnings Estimators during the fiscal quarter periods reported between April 1, 2015 and March 31, 2016.
“We are once again honored to be named by StarMine as the top ranked broker in the US in 2016,” said Robert Boroujerdi, Head of Americas Equity Research and Global Equity CIO. “Our department’s DNA relies heavily on understanding the changing nature of profit pools, inflection points in business models, estimate accuracy and stock selection. We are proud to see the team’s hard work has been recognized.”
Raj Shah, the head of StarMine sell-side research awards at Thomson Reuters, said, “With a focus on differentiated research, real rigour was required by analysts as they formulated their forecasts and recommendations. “Winning analysts were those that did well in unravelling emerging trends, articulating the investment case and identifying the opportunity for their clients to make money. Congratulations to all of this year’s ranked analysts.”
Analysts are awarded prizes in three main categories: stock recommendation performance relative to specific industry benchmarks (“Stock Pickers”), accuracy in forecasting earnings as compared with peers (“Earnings Estimators”) and brokerage firms whose analysts win the most awards (“Most Award-Winning Brokers”).
The winners of the Thomson Reuters Analyst Awards 2016 for the U.S. are: