Among the 682 analysts covering the 21 banks within the Financial Select Sector SPDR ETF (XLF), 356 have provided “buy” ratings, 28 have given “sell” ratings, and 298 have provided “hold” ratings.
Of the 680 analysts covering the 21 banking stocks in XLF, 358 have assigned “buy” ratings, 28 have suggested “sell,” and 294 have issued “hold” ratings.
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 1.1% and 3%, respectively, on Tuesday, December 15, 2015.
“ZIRP” (zero interest-rate policy) is a term that’s used to refer to monetary policy in the US. It refers to low nominal interest rates in an economic system.
The peers outperformed Comerica based on the PBV ratio. However, Comerica is way ahead of its peers based on the forward PE ratio.
Company & Industry Overviews
Comerica (CMA) shares closed at $49.58 on Friday, July 10. Last week, the stock tumbled 3.73% and underperformed the broad-based S&P 500 (SPY).
Horseman Capital covers various equity strategies, and most of its equity portfolio consists of companies with market capital of $5 billion and above.
Goldman Sachs Group is a leading global investment banking, securities, and investment management firm.
IAMGOLD is a mid-tier gold mining company that produces almost 1 million ounces of gold annually from five mines on three continents.