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Consensus Forecast
(redirected from Consensus Forecasts)

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Consensus forecast
The mean of all financial analysts' forecasts for a company.

Consensus Forecast
The average or median forecast made by well-respected analysts on the future performance of a security or derivative. Forecasting is the process of using certain data to predict future market movements. Various methods exist for forecasting; experts differ on which ones, if any, work. See also: Technical analysis, Fundamental analysis, Random walk theory.


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The UK central bank left its target interest rate unchanged in line with consensus forecasts.
The group said worldwide sales rose by 3% in the three months to the end of March to pounds 382m - ahead of consensus forecasts of pounds 319m.
Consensus forecasts put pre-tax profits at around pounds 989m - higher than last year's pounds 965.
 
 
 
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