What’s Wells Fargo’s Valuation?
Wells Fargo (WFC) stock has risen 13.0% over the past six months and 10.1% over the past year.
Banking
Market Realist has the latest news and updates on banking, U.S. banks, credit unions, and savings and loan associations.
What Drove MLPs in the Week Ending December 15?
MLPs were strong in the week ending December 15, 2017. The Alerian MLP Index (^AMZ) had a strong start last week although it fell slightly on Friday.
What’s Been Impacting MLP Performances as of December 8?
Most MLPs (master limited partnerships) closed the week ended December 1 in the red, after seeing some gains earlier in the week.
Understanding the Slight Recovery among MLPs Last Week
MLPs (master limited partnerships) recovered slightly last week (ended December 1, 2017), after three weeks of sluggishness.
A Look into IBM’s Growth Strategy
Consistent growth in the cloud and mainframe systems enabled IBM to post a lower-than-expected fall in its revenues in 3Q17.
Deere: Analysts’ Recommendations and Target Prices
For Deere, 33% of the analysts recommended the stock as a “buy,” 62% recommended the stock as a “hold,” and 5% recommended the stock as a “sell.”
Chemours: Analysts’ Recommendations and More
For Chemours, 88% of the analysts recommended a “buy,” 12% of the analysts recommended a “hold,” and none of the analysts recommended a “sell.”
Goldman Sachs Increased JD.com’s Target Price to $56
Goldman Sachs (GS) has a positive outlook on JD.com (JD).
Is LyondellBasell Stock Undervalued Compared to Its Peer?
As of September 7, 2017, LyondellBasell’s one-year forward PE multiple stands at 9.80x, while Eastman Chemical has one-year forward PE multiple of 10.70x.
Why Analysts Are Rethinking Their Near-Term Iron Ore Price Forecasts
Goldman Sachs is bullish Although Goldman Sachs (GS) is bullish on the near-term price forecasts for iron ore, it believes that the pressure could return in the long run. In the near term, it believes that prices could be supported by the better-than-expected demand in China. Goldman Sachs believes that the supply pressure could build […]
Why Most Wall Street Analysts Recommend a ‘Hold’ for IFF
International Flavors and Fragrances continues to work towards its 2020 vision of increasing its revenue by $500 million by way of acquisitions.
What’s Square’s Mission?
With Apple (AAPL) announcing its entry in the peer-to-peer payment market and PayPal (PYPL) stepping up its pursuit of merchant customers, it seems that the competition could suffocate Square (SQ).
Why 3M Is Trading at a Premium Compared to Its Peers
In this article, we’ll look at MMM’s latest valuations and compare them to its peers’. On July 3, 2017, MMM was trading at a one-year forward PE of 22.70x.
Why Barclays Thinks UAL Earnings Could Improve
UAL is currently trading at $76. Its 52-week high is $83.04, and its 52-week low is $37.64.
American Express to Ride on Partnerships, Digitization
American Express (or Amex) (AXP) has entered into digital partnerships with Airbnb, Facebook (FB), and Uber in order to offset the revenue loss from Costco (COST).
Praxair in the Crosshairs: Analyst Recommendations and Target Prices
On May 26, of the 20 firms tracking Praxair (PX) stock, about 40.0% recommended “buys,” while 55.0% recommended “holds.”
What Do Analysts’ Ratings Suggest for Wells Fargo in 2017?
In May, 13 of the 31 analysts covering Wells Fargo rated the stock as a “buy,” 12 analysts rated it as a “hold,” and six analysts rated it as a “sell.”
Analysts’ Recommendations for IFF after Its 1Q17 Earnings
As of May 9, about 33% of the analysts recommended a “buy” for International Flavors & Fragrances, 60% recommended a “hold,” and 7% recommended a “sell.”
Will Argentina Be Upgraded to an Emerging Market in 2017?
The recent rally in Argentina’s Merval Index (ARGT) reflects improved access to Argentina’s markets with a host of reforms adopted by President Mauricio Macri.
What Analysts Recommend for Honeywell
On April 24, 2017, 21 brokerage companies were actively tracking Honeywell (HON) stock. 81% of these analysts recommended a “buy” on the stock, and 19% recommended a “hold.”
Will the European Central Bank Follow the Fed?
On its own stage across the Atlantic from the US Fed, the ECB (European Central Bank) has had its own quantitative easing program.
How MLP Funds’ Capital Inflow Improved in 1Q17
MLP funds’ capital inflow has recovered slightly in recent quarters compared to the second half of 2015.
Analysts’ Latest Recommendations for Air Products & Chemicals
As of March 29, 2017, 20 brokerage firms were actively tracking Air Products & Chemicals (APD). About 50.0% of them recommended a “buy” for the stock.
What Analysts Recommend for PPG Industries
As of March 23, 2017, 21 brokerage firms were actively tracking PPG Industries (PPG) stock.
Analysts’ Latest Recommendations for 3M
As of March 8, 18 brokerage firms were tracking 3M stock—42% of the analysts rated it as a “buy,” 42% rated it as a “hold,” and 16% rated it as a “sell.”
Analysts’ Recommendations and Target Price for PPG Industries
As of March 1, 2017, 22 brokerage firms were actively tracking PPG Industries (PPG) stock. About 64.0% of them have recommended a “buy” for the stock.
Analysts’ Latest Recommendations for Sherwin-Williams
As of February 27, 21 brokerage firms were actively tracking Sherwin-Williams stock—57% gave it a “buy,” 38% gave it a “hold,” and 5% gave it a “sell.”
What Are Analysts’ Recommendations for Chemours?
After Chemours’ 4Q16 earnings, 38.0% of the analysts recommended a “buy” for the stock, 50.0% recommended a “hold,” and 12.0% recommended a “sell.”
What Are Analysts Recommending for Chemours ahead of 4Q16?
As of February 9, 2017, eight brokerage firms are actively tracking Chemours (CC) stock. About 25.0% of them have recommended a “buy” for the stock.
Why Deutsche Bank Scrapped Dividends in 2016
Germany-based Deutsche Bank (DB) announced plans to cut dividend payments for 2015 and 2016 as part of its plans to strengthen the bank’s capital.
2016 US Sector Performance: Top Performers in Energy and Financials
The US GDP growth outlook is near its potential at ~3%, with increased investment in infrastructure.
What Are Bank of America’s 2017 Growth Drivers?
Bank of America’s CEO has repeatedly discussed the importance of cost controls and how such measures could significantly boost BAC’s earnings over the next few years.
Will Deutsche Bank’s Overhaul Plan Work?
Investors who are concerned about Deutsche Bank’s bankruptcy are looking at CEO John Cryan’s plan to restructure the company’s operations.
Deutsche Bank: Analyzing Its Capital Levels
Deutsche Bank is proving to be the most dangerous bank to the global economy. It failed the Fed’s 2016 stress tests in June 2016.
Why Institutional Investors Seem Bullish on MLPs in 2017
MLP funds’ capital inflow recovered slightly in 2016 compared to their levels during the second half of 2015.
Why Did MLPI Outperform AMJ?
The ETRACS Alerian MLP Infrastructure Index ETN (MLPI) and the JPMorgan Chase Alerian MLP Index ETN (AMJ) are two of the largest MLP ETNs.
What Does the MLP Funds Market Look Like?
MLP funds’ capital inflows have recovered slightly in 2016 compared to 2H15. However, their overall capital inflow is still lower than their seven-year average.
What You Should Know about Master Limited Partnerships
The number of MLPs has risen from a mere 32 in 2003 to 117 as of November 2016. 83% of total MLPs are energy and natural resources–related.
Goldman Sachs Gets Bullish on Commodity Prices
Goldman Sachs has gone bullish on commodities. The finance major, which is the biggest commodities dealer (in sales), has advised clients to go overweight.
Can Trump Save Deutsche Bank from Bankruptcy?
Deutsche Bank could be the biggest beneficiary under Trump, having been on the brink of bankruptcy until its stock spiked nearly 20% after the election.
How Much Have MLP Fund Inflows Improved in 2016?
MLP funds’ capital inflows have recovered in 2016 from levels in 2H15. But overall capital inflows are lower than the seven-year average of $2.8 billion.
Do Distressed Valuations Offer a Good Chance to Buy Deutsche Bank?
Deutsche Bank’s (DB) shares are currently trading at distressed valuations. The bank’s shares are trading at the steepest discount to its book value, worse than the 2008 financial crisis.
Deutsche Bank’s Capital Levels Struggle to Meet Regulatory Requirements
Deutsche Bank’s stock is down nearly 40% in 2016 so far. Capital reserves are important to restore the confidence of regulators and investors.
Analysts Are Truly Divided on Chemours after Its 3Q16 Earnings
Among the analysts covering Chemours’ stock, 33.33% analysts recommended a “buy,” while 33.33% issued a “hold,” and the remaining 33.33% issued a “sell.”
No Tapering, No Extension: ECB Avoids Future Talk on QE
ECB chief Mario Draghi had nothing to say about either tapering or extension of the bond buying program.
What’s Bank of America’s Interest Rate Risk?
Bank of America (BAC) is extremely sensitive to interest rate changes. Its latest 10-Q filing shows that its asset sensitivity has risen in 2Q15.
How Sensitive Are Wells Fargo’s Earnings to Interest Rates?
Wells Fargo has the largest loan portfolio among US banks (XLF). As of 2Q16, the bank has a loan portfolio of $952 billion.
Why Germany Is Pulling Back on Gold
Since 2013, Germany has resorted to the gold repatriation plan, which aims to transfer ~673 metric tons from foreign storage back to Germany by 2020.
Why Wells Fargo Has a Less Risky Business Model than JPMorgan Chase
Wells Fargo (WFC) is less exposed to the risky investment banking and trading business than its peers JPMorgan Chase (JPM), Citigroup (C), and Bank of America (BAC).
Interest Rate Sensitivity: JPMorgan Chase versus Wells Fargo
For Wells Fargo, net interest income makes up 53% of its total income while for JPMorgan Chase (JPM), net interest income makes up 46% of its total income.