Barclays CEO Jes Staley Will Still Get Paid After His Resignation
Credit Suisse and Barclays Are Bullish on European Equity for 2016
Credit Suisse (CS) strategists forecast 10% earnings growth in Europe versus a 6.8% growth expected from the US.
ExxonMobil: Wall Street analysts call it
Approximately 35% of Wall Street analysts tracking ExxonMobil (XOM) rate it a “buy.” Approximately 10% of the analysts recommend a “sell.”
How Wall Street Analysts Rate LyondellBasell ahead of 1Q18 Earnings
The analyst consensus target price for LyondellBasell is $116.82, implying a return potential of 8.5% over the closing price of $107.68 as of April 20, 2018.
Analysts’ Forecast for Marathon Oil after Its 2Q15 Earnings
Wall Street analysts gave target prices for Marathon Oil after its 2Q15 financial results. Evercore ISI gave Marathon Oil a target price of $23.
Here Are Broadcom’s New Business Segments in Fiscal 2019
Broadcom’s (AVGO) fiscal 2019 first-quarter revenue is expected to be hit by declines in Apple’s (AAPL) iPhone sales and a slowdown in spending by hyperscale cloud customers.
Wall Street analyst targets for Denbury Resources
The highest target price for Denbury comes from KLR Group, of $13 per share for the company. Denbury currently trades near $9, implying a ~45% return.
Analysts’ Recommendations for Chevron before 3Q15 Earnings
It terms of analysts’ recommendations for Chevron, approximately 53.3% of analysts rate Chevron a “hold,” 40% rate it a “buy,” and 6.7% rate it a “sell.” The average broker target price of $93.11 for CVX implies a ~3.4% return in the next 12 months.
What Do Analysts Forecast for ExxonMobil?
Approximately 35% of analysts tracking ExxonMobil rate it a “buy” or some equivalent. Approximately 54% rate the company a “hold” or an equivalent, while 11% of the analysts recommend a “sell.”
Which Sectors in the UK Will the ‘Brexit’ Decision Affect Most?
The financial sector has contributed heavily to the UK economy. Financial institutions like HSBC and Barclays will face challenges doing business in the EU.
Analyst Recommendations for COG After Its 3Q15 Earnings
We’ll discuss analyst recommendations for COG, following the release of its 3Q15 results. Wall Street analysts provided target prices for the next 12 months.
Does the Komatsu Deal Change How Analysts Rate Joy Global?
Of 19 analysts surveyed by Bloomberg, five gave Joy Global a “buy” rating, while 11 gave a “hold” rating, three gave “sell” ratings.
The Word on the Street: What Analysts Are Recommending for Joy Global Now
Of the 17 analysts surveyed by Bloomberg, only five issued “buy” recommendations for Joy Global, while 11 issued “holds,” and one issued a “sell.”
British Pound Rallies on Strong Inflation Numbers
On August 18, the annualized CPI showed an increase of 0.1% and beat the forecasts. The clothing and footwear sector drove the increase in inflation.
Wall Street Analysts’ Recommendations on EOG Resources
It’s important to note that ~69% of analysts tracking EOG Resources rate it a “buy” or some equivalent, while ~24% rate the company a “hold.”
China’s Contracting Manufacturing Activity Pressures UK Stocks
With the economic slowdown, a reduction in imports—especially oil—by China has become inevitable, affecting many of its trading partner countries. Consequently, trades of these countries with the UK may be affected.
Wall Street analysts’ ratings of MarkWest Energy Partners
64.7% of the analysts have rated the company as “hold”, while the remaining 35.3% have rated it as “buy”.
Snapshot of the UK Economy and Its Prospects
The UK economy thrives on its robust financial sector, which is boosted by revenues generated from the North Sea, a region rich in energy resources.
How Have Equities Performed since the Brexit Vote?
Investors lost confidence due to the uncertainty surrounding the vote, which led to the expectation of the other member nations’ following in the United Kingdom’s footsteps.
Eurozone Agreement: Greece to Receive up to $96 Billion
On July 13, the Greek saga hit another milestone. Eurozone ministers reached a unanimous agreement to bail Greece out again.
Greek Saga Continues: Prime Minister Alexis Tsipras Resigns
Greece made the national headlines again when Prime Minister Alexis Tsipras resigned from office on Thursday, August 20, 2015.
Pound Sterling Rose Slightly Due to the Sustained Euro Sell-Off
The pound sterling ended on a slightly positive note against the US dollar on November 17, even though the inflation levels fell on an annual basis in October.
United Kingdom’s Services PMI Was Weaker in May
The United Kingdom’s weaker services PMI was due to slower improvement in new business orders, domestic demand, and export orders in May 2017.
Wall Street Recommendations for Cheniere Energy Partners
It’s important to note that 66.7% of analysts rated Cheniere Energy Partners as “buy,” while the remaining 33.3% rated the company as “hold.”
Why BlackRock has an inorganic strategy for different markets
BlackRock (BLK) is focusing on diversifying its expanding portfolio more through acquisitions and offerings in emerging markets.
Why Yankee Bank Issuers Find US Corporate Debt Attractive
A lower cost of borrowing and tighter spreads have attracted foreign banks to flock to the US corporate debt market.
High-grade corporate bonds hit second-highest issuance of 2015
Corporate investment-grade borrowing marginally declined to $62.34 billion in the week to March 13, 2015, the second-highest issuance in 2015.
ECB Extends Bond-Buying Program: How Did European Banks React?
Last week, the ECB reduced the key interest rate by 10 basis points to -0.4% and announced plans to increase the monetary stimulus program to 80 billion euros starting in April.
Trading Revenues Weigh Down on J.P. Morgan’s Earnings
J.P. Morgan said trading revenues fell 15% during the quarter to $4.3 billion and were also lower than the $5.1 billion recorded during the same period last year. A $2.2 billion tax benefit helped the bank report a 22% increase in third-quarter profits.
Will the Pound Emulate the US Dollar’s Strength in 2016?
The situation for the pound sterling in 2016 is similar to the US dollar’s situation in 2015. The markets are expecting a rise towards mid-2016.
Ray Dalio’s Bridgewater Associates Has Something Interesting to Say about Brexit
Bridgewater Associates, which is managed by billionaire investor Ray Dalio, has warned its clients that a Brexit win could spread among EU countries.
Immediate Impact of the Brexit Result: Volatility Up, Markets Down
The Brexit results that came out on June 23, 2016, in favor of the Leave vote contributed significantly to market uncertainty and price volatility.
Service Sector’s Contribution Has Been Rising in the UK
Let’s now take a look at specific risks that could arise for businesses as a consequence of Brexit.
What’s Been Helping the UK GDP after the Brexit Vote?
After the Brexit decision, services were a positive factor, while production ended up to be a drag on GDP.
Apple Stock: Barclays Increased Its Target Price
Apple stock is trading 0.5% higher in pre-market today. Barclays (BCS) increased the company’s target price from $2017 to $224.
Union Pacific Fell Over 2% on Rating Downgrade from Barclays
Union Pacific stock (UNP) fell 2.4% on June 13 after Barclays (BCS) lowered its recommendation on the stock from “overweight” to “equal weight.” Barclays analyst Brandon Oglenski believes that the earnings estimate for Union Pacific doesn’t reflect the slower demand environment.
Boeing Fell after Barclays Downgrade on Understated MAX Risk
Boeing (BA) lost another bullish backer yesterday.
3M: Analysts’ Views before Its Q1 Earnings
Among the analysts tracking 3M, 32% recommended a “buy,” 47% recommended a “hold,” and 21% recommended a “sell.”
Analysts Lower Target Price on FedEx after Its 2019 Outlook Cut
Most analysts reduced their target prices on FedEx after the delivery giant trimmed its fiscal 2019 earnings outlook.
Broadcom Taps Infrastructure Software Market with CA Technologies
Broadcom’s (AVGO) fiscal 2019 earnings will be driven by its integration of CA Technologies.
DowDuPont: Analysts’ Recommendations
DowDuPont’s consensus target price is $72.63, which implies a potential return of 24.9% over the closing price of $58.13 as of January 28.
Caterpillar: Analysts’ Recommendations
Among the 29 analysts tracking Caterpillar, 62% recommended a “buy,” 34% recommended a “hold,” and 4% recommended a “sell.”
General Electric Jumped ~11% on J.P. Morgan’s Rating Upgrade
General Electric stock was trading ~11% higher during today’s pre-market trading session after J.P. Morgan analyst Stephen Tusa upgraded his rating on the stock.
Eastman Chemical: How Much Upside Do Analysts Expect?
Analysts’ consensus on Eastman Chemical indicates a target price of $98.82—a return potential of 25.5% over the closing price as of November 28.
3M: Analysts Revised the Target Price
For 3M stock, 37% of the analysts recommended a “buy,” 42% recommended a “hold,” and 21% recommended a “sell.”
GE Up 8% on Announcement of Partial Baker Hughes Stake Sale
GE gained ~8% yesterday after newly appointed CEO Larry Culp revealed his first major step to strengthen the company’s liquidity.
Can IBM’s Blockchain Retain Its Market Share?
According to a report by the IDC, total spending on the blockchain platform is expected to climb by 122% to $2.1 billion.
Analyst Cut Sherwin-Williams’s Target Price but Stay Positive
Of the 26 analysts covering Sherwin-Williams, 69% recommend “buy,” 31% recommend “hold,” and none recommend “sell.”
3M: An Update on Analysts’ View
Among the analysts, 38% recommended 3M stock as a “buy,” 37% recommended the stock as a “hold,” and 25% recommended the stock as a “sell.”
Deere: Wall Street’s Views at the End of 2017
Deere has been tracked by 24 analysts. Among the analysts, 46% recommended a “buy,” 50% recommended a “hold,” and 4% recommended a “sell.”
How Analysts View Air Products and Chemicals after Fiscal 4Q17
The analysts’ consensus indicates the 12-month target price of APD to be $167.00, implying a return potential of 3.8% over the closing price of $160.88 on October 26, 2017.
How Wall Street Views DowDuPont ahead of 3Q17 Earnings
As of October 24, 2017, 21 analysts were actively tracking DowDuPont (DWDP) stock.
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.”
Inside Deere’s Analyst Recommendations ahead of the Fiscal 3Q17 Results
Among the 21 analysts covering DE stock, 43% have recommended a “buy,” while 52% have recommended a “hold. The remaining 5% recommend a “sell.”
Chemours: Analysts’ Recommendations after Its 2Q17 Earnings
For Chemours (CC), 88% of the analysts recommended a “buy,” 12% recommended a “sell,” and none of the analysts recommended a “hold.”
Wall Street’s View on PPG Industries ahead of 2Q17 Earnings
Of the 21 analysts tracking PPG Industries (PPG), about 67.0% of them have recommended a “buy” for the stock, and 33.0% have recommended a “hold.”
What Are Analysts’ Saying about Eastman Chemical?
A total of 17 analysts are actively tracking Eastman Chemical (EMN) as of July 5, 2017. Among them, 65% of analysts have recommended “buys” on the stock.
What Analysts Recommend for Celanese
As of June 29, 2017, 18 analysts from various brokerage houses actively track Celanese (CE) stock.
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.
Chemours on the Street: Recommendations and Target Prices
Among the eight analysts covering Chemours stock, 75% have issued a “buy” recommendation, while 12.5% have issued a “hold” recommendation.
The Latest Wall Street Views on Dow Chemical
As of June 13, 2017, 80.0% of the 20 brokerage firms tracking Dow Chemical (DOW) have recommended a “buy,” and 20.0% have recommended a “hold.”
What Analysts Recommend for LyondellBasell
As of May 25, 2017, 23 brokerage firms were actively tracking LyondellBasell (LYB) stock.
Exploring Analysts’ Latest Price Recommendations for 3M
On May 25, 2017, 18 brokerage companies were actively tracking 3M Company (MMM) stock. About 44.0% of those analysts recommended “buys” on the stock.
Deere: Analysts’ Recommendations after Its 2Q17 Earnings
As of May 22, 2017, 39.0% of the analysts recommended a “buy” for Deere stock, 43.0% recommended a “hold,” and 18.0% recommended 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.”
What Analysts Think about IFF ahead of 1Q17 Earnings
As of May 2, 2017, 14 brokerage firms were actively tracking International Flavors and Fragrances (IFF) stock.
How Analysts Are Viewing Dow Chemical after 1Q17
About 76.0% of the 21 brokerage companies actively tracking Dow Chemical (DOW) stock recommend a “buy” for the stock, and 24.0% recommend a “hold.”
What Analysts Are Recommending for 3M Stock
As of April 24, 2017, 18 brokerage firms were actively tracking 3M (MMM) stock. About 44.0% of those analysts are recommending a “buy” for the stock.
3M on the Street: What the Analysts Say ahead of the 1Q17 Earnings
Of the 18 analysts covering 3M, 44% of the analysts recommended the stock as a “buy,” while 39% of the analysts recommended the stock as a “hold.”
What Analysts Recommend for Dow Chemical ahead of 1Q17 Earnings
As of April 19, 2017, 21 brokerage firms were actively tracking Dow Chemical (DOW) stock. 76% of the analysts recommended the stock as a “buy,” and 24% of analysts recommended the stock as a “hold.”
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.
International Flavors and Fragrances: Wall Street Ratings
As of March 23, 2017, 14 brokerage firms were tracking the International Flavors and Fragrances (IFF) stock actively.
What Are Analysts’ Recommendations on Dow Chemical?
As of March 21, 2017, 21 brokerage firms were actively tracking Dow Chemical (DOW) stock. Among them, 76% of the analysts recommended the stock as a “buy.”
LyondellBasell Gets ‘Hold’ Rating from Majority of Analysts
About 35.0% of analysts have recommended a “buy” for LyondellBasell (LYB) stock, and 61.0% have recommended a “hold.”
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.”
Deere: Wall Street Stock Recommendations after Q1 Earnings
Before Deere (DE) announced its fiscal 1Q17 earnings, 22 brokerage firms were actively tracking Deere stock.
Do Distressed Valuations Mean It’s a Good Time to Buy Deutsche Bank?
Deutsche Bank’s shares are currently trading at distressed valuations.
How Do Analysts Rate Emerson Electric Stock ahead of 1Q17 Results?
Of the 25 analysts covering Emerson Electric stock, three analysts gave the company a “buy” rating, 17 analysts gave it a “hold” recommendation, and five analysts recommended it as a “sell.”
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.
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.
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.”
Will Deutsche Bank’s Cost-Cutting Measures Reap Benefits?
Deutsche Bank’s (DB) cost-cutting measures had some positive impact on the company in 3Q16, but it still has a long way to go. During the quarter, operating expenses fell 50% to 6.5 billion euros.
Fitch Ratings Reviews Deutsche Bank for a Downgrade
In a worrying move for investors, Fitch Ratings put Deutsche Bank (DB) under review for a possible downgrade. The commercial credit rating agency cited challenges resulting from a sluggish business environment as the rationale for this move.
Do Deutsche Bank’s Distressed Valuations Provide a Good Opportunity?
Deutsche Bank’s shares are currently trading at distressed valuations.
The Word on the Street: What Analysts Are Saying about Praxair after Its 3Q16 Earnings
Of the 19 brokerage firms tracking Praxair’s stock before its 3Q16 earnings, 42% issued a “buy.” The same proportion of analysts still recommend a “buy.”
A Look at Analysts’ Views on Sherwin-Williams
Analysts’ recommendations As of October 12, 2016, 16 brokerage firms were tracking Sherwin-Williams’ (SHW) stock. All of the brokerage firms have revisited their recommendations after the announcement of the company’s 2Q16 earnings on July 21, 2016. 56% of these analysts have rated the stock as a “buy” and 44% rated the stock as a “hold.” […]
How Analysts View Wells Fargo after Disappointing 2Q Performance
Currently, Wells Fargo (WFC) trades at a premium to its peers in the banking space. It has been one of the most profitable banks in America.
Why Are Retail Sales Low in the United Kingdom?
The Office of National Statistics published the retail sales for June at a six-month low. Retail sales fell by 0.9% on a month-over-month basis.
What Do Analysts Recommend for GS ahead of Its Earnings?
So far in 2016, shares of Goldman Sachs (GS) have plunged by 16% and have underperformed the financial sector.
Analysts’ Ratings for Celanese before Its 2Q16 Earnings Release
On July 12, 2016, Celanese’s (CE) consensus 12-month target price was $76.30, indicating a return potential of 11.3% from that day’s closing price of $68.57.
What Explains an Average YTD 2016 for the USAA International Fund?
The USAA International Fund (USIFX) is right in the middle of the pack as far as its point-to-point returns for YTD 2016 are concerned—it is placed sixth.
Why Did Moody’s Downgrade Deutsche Bank?
In a worrying move for investors, Moody’s Investor Service (MCO) cut Deutsche Bank’s debt and deposit ratings.
How Did Deutsche Bank’s Revenue Turn Out in 1Q16?
Deutsche Bank’s operating expenses declined significantly in 1Q16 as the bank continued to cut litigation expenses. Non-interest expenses were 2.4 billion euros, 34% lower year-over-year.
Information Technology Stocks Made a Forgettable 1Q16 for IEOAX
The Ivy European Opportunities Fund – Class A (IEOAX) fell a sharp 6.8% in 1Q16, placing it firmly at the bottom of the pack of 12 funds in this review.
Sector Composition Changes in IEOAX until 1Q16
The Ivy European Opportunities Fund – Class A’s (IEOAX) assets were spread across 77 holdings as of March 2016. It was managing assets worth $224 million.
Spurred by the Brexit, the Pound’s Implied Volatility Is Rising
The rise in the pound-dollar pair’s implied volatility has been a strong 26% compared to a fall of 10.5% in the euro-dollar exchange rate volatility.
Microsoft Is on Board with Disruptive Blockchain Technology
Blockchain is the technology that is the foundation of Bitcoin, the world’s first decentralized digital currency, also known as cryptocurrency.
Difficult Times for HFEAX: Will It Last?
HFEAX has had a difficult time in the one-year period until March 15, 2016. Along with the information ratio, the fund’s alpha for the period was also negative.
UMBWX’s Volatility Is Low, but Other Key Metrics Are Shaky
The Scout International Fund (UMBWX) is invested in stocks of companies like Syngenta (SYT), Aflac (AFL), ABB (ABB), Barclays (BCS), and Novartis (NVS).
Analysts’ Recommendations for Apache before Its 4Q15 Earnings
Approximately 34% of analysts rate Apache a “buy,” ~56% rate it a “hold,” and ~10% rate it a “sell.” The average broker target price of $45.93 for APA implies a return of around ~23% in the next 12 months.