Institutional Brokers' Estimate System(redirected from Institutional Broker's Estimate System)
Institutional Brokers' Estimate System (IBES)
Institutional Brokers' Estimate System
A database established by the Lynch, Jones, and Ryan brokerage that compiles different analysts' at different brokerages forecasts on future earnings for many different publicly-traded companies. The IBES allows users to look at the high, low, and average predictions as well as see individual analysts' predictions. It is designed to assist in making investment decisions, especially to provide second opinions on one's own investment advisor's recommendations.