TipRanks Launches Its Service in UK and Identifies Top Analysts

TipRanks​, the world’s leading analyst ranking service, has announced the launch of service in UK and identified the top analysts covering UK markets in 2020. The company measures and ranks financial experts on their stock recommendations to bring transparency to the markets.
The leading fintech platform has seen a drastic increase in the number of users using its stock research tools throughout this year’s market volatility and social restrictions.  New users in the UK have increased by 150%, a number which is expected to grow with the addition of UK shares to the platform this month.
The best performing analysts are those with the highest average return and overall success rate on their recommendations measured over a 12-month period. The statistical significance of analyst ratings is also considered by the algorithms which track over 90,000 financial experts, including more than 7,000 analysts.

Uri Gruenbaum, CEO, Tip Ranks commented, “I am excited that retail investors in the UK and around the world can access our financial accountability service and can now see the historical performance of any analyst covering the London Stock Exchange. The UK launch of our platform is a significant milestone in our global expansion and is our first market outside of North America available to our direct clients. Investors in the UK can use our multi award-winning research platform to tap into stocks in the UK, US and Canada with more countries coming soon.”
“Our goal is to level the playing field for individual investors in the UK by offering them access to institutional-level tools at an affordable cost. We track and measure over 800 professional analysts from 58 firms who cover UK listed companies.”