THOMSON REUTERS CORP TORONTO -Thomson Reuters today announced the winners of the 2016 Thomson Reuters Analyst Awards for Canada. This is the fourteenth year that the awards have been presented to the top ranking stock analysts and brokerage firms in Canada.
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 period reported between April 1, 2015 and March 31, 2016.
Raj Shah, the head of StarMine sell-side research awards at Thomson Reuters, said, 'Institutional investors recognize that stock picking and estimates accuracy are among the most coveted intelligence provided by them. The winning analysts were those that sifted deep into their industries and distilled more research insights. By providing truly differentiated research and extracting outsized returns from their coverage, these analysts stood out in the eyes of the investor community for their outstanding performance. 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 Awards2016 for Canada are:
Most Award-Winning Brokers
| Rank | Broker |
| 1 | TD Securities |
| 2* | RBC Capital Markets |
| 2* | Scotiabank GBM |
* A tie for second place
Overall Stock Picker
Rank | Analyst | Broker |
1 | Josh Wolfson | Dundee Capital Markets |
Overall Earnings Estimator
Rank | Analyst | Broker |
1 | David Sadowski | Raymond James |
Industry Stock Pickers
Rank | Industry | Analyst | Broker |
1 | Auto Components | Justin Wu | GMP Securities |
1 | Banks | Peter Routledge | National Bank Financial |
1 | Chemicals & Utilities | Bill Cabel | Desjardins Securities |
1 | Diversified Industrials | Trevor Johnson | National Bank Financial |
1 | Energy Equipment & Services | Andrew Bradford | Raymond James |
1 | Financial Services | Jeffery Coles | Scotiabank GBM |
1 | Health Care | Andre Uddin | Mackie Research Capital |
1 | Insurance | Sumit Malhotra | Scotiabank GBM |
1 | IT Equipment | Robert Young | Canaccord Genuity |
1 | Media | Robert Peters | Credit Suisse |
1 | Metals & Mining | Raj Ray | National Bank Financial |
1 | Oil, Gas & Consumable Fuels | Tyler Reardon | Peters & Co. Limited |
1 | Paper & Forest Products | Sean Steuart | TD Securities |
1 | Real Estate (including REITs) | Trevor Johnson | National Bank Financial |
1 | Retail | Michael Van Aelst | TD Securities |
1 | Software & IT Services | Paul Treiber | RBC Capital Markets |
1 | Telecommunication Services | Robert Bek | CIBC World Markets |
Industry Earnings Estimators:
Rank | Industry | Analyst | Broker |
1 | Auto Components | Mark Neville | Scotiabank GBM |
1 | Banks | Peter Routledge | National Bank Financial |
1 | Chemicals & Utilities | Steve Hansen | Raymond James |
1 | Diversified Industrials | Fadi Chamoun | BMO Capital Markets |
1 | Energy Equipment & Services | Dan MacDonald | RBC Capital Markets |
1 | Financial Services | Scott Chan | Canaccord Genuity |
1 | Health Care | David Martin | Bloom Burton & Co. |
1 | Insurance | Kevin Choquette | Credit Suisse |
1 | IT Equipment | Robert Young | Canaccord Genuity |
1 | Media | Haran Posner | RBC Capital Markets |
1 | Metals & Mining | Craig Johnston | Scotiabank GBM |
1 | Oil, Gas & Consumable Fuels | David Sadowski | Raymond James |
1 | Paper & Forest Products | Stephen Atkinson | Dundee Capital Markets |
1 | Real Estate (including REITs) | Neil Downey | RBC Capital Markets |
1 | Retail | Michael Van Aelst | TD Securities |
1 | Software & IT Services | Paul Steep | Scotiabank GBM |
1 | Telecommunication Services | Jeffrey Fan | Scotiabank GBM |
Please click here for the complete winners' list, including industry sector winners, and the awards methodology.
About The Thomson Reuters Analyst Awards
Thomson Reuters Analyst Awards are globally recognized as the gold standard in objective measurement of sell-side analyst performance. The awards recognize the world's top individual sell-side analysts and firms, and are available to buy-side firms to identify the leading analysts at sell-side firms. The Thomson Reuters Analyst Awards, formerly Thomson Reuters StarMine Analyst Awards, measure the performance of sell-side analysts based on the returns of their buy and sell recommendations relative to industry benchmarks; and the accuracy of their earnings estimates in 16 regions across the globe. For more information, click here.
Thomson Reuters
Thomson Reuters is the world's leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.
Thomson Reuters Corporation published this content on 24 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 May 2016 19:30:06 UTC.
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