Analyst Recommendation for Garmin Ltd (GRMN)

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Date:	Sep 2, 2008
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Pages:	4
Document Type:	Adobe Acrobat Reader
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Analyst Information for Garmin Ltd.

Consensus Rating Average

Consensus Rating for GRMN is HOLD

Since many brokers have different rating systems, we maintain a standard system with an assigned numeric value from 1 to 5. Ratings are a translation of brokers' recommendations to the recommendation scale, which ranges from a rating of 1 (a strong buy) to a rating of 5 (a strong sell).

Rating Scale

	Strong Buy	1.0 - 1.5
	Moderate Buy	1.6 - 2.5
	Hold	2.6 - 3.5
	Moderate Sell	3.6 - 4.5
	Strong Sell	4.6 - 5.0

Consensus Rating Details

Current Average Recommendation	2.76
Previous Average Recommendation	2.65
Change in Average Recommendation	0.11
Number of Analysts Reporting	17

Strong Buy
1.0

Current: 2.76

Previous: 2.65

Change: 0.11

Strong Sell
5.0

Consensus Rating Industry Comparison

Industry: ELEC PRODS-MISC
Number of companies in industry with recommendations	33
Rank Recommendation relative to companies in its industry	27

Ranked 27 in Industry

133 ELEC PRODS-MISC

Analyst Recommendations

Analysts recommending Strong Buy	3
Analysts recommending Moderate Buy	1
Analysts recommending Hold	11
Analysts recommending Moderate Sell	1
Analysts recommending Strong Sell	1

Recommendations History

	Current	1 Month Ago	2 Months Ago	3 Months Ago
Strong Buy	3	3	2	4
Moderate Buy	1	1	1	3
Hold	11	12	11	9
Moderate Sell	1	1	1	1
Strong Sell	1	0	0	0
Mean Rec.	2.76	2.65	2.73	2.41

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