Credit Suisse Group
Why Credit Suisse Is Betting on These Five Rebound Stocks
Credit Suisse’s EV Stock Picks and Others Worth Looking at Now
Credit Suisse Announces Major Layoffs Following Archegos Scandal
10-Year Treasury Note Market Demand Barely Moved Last Week
On July 8, ten-year Treasury notes worth $21 billion were auctioned—the same as the previous week.
How Do Analysts Rate Rio Tinto?
Citigroup (C) upgraded Rio Tinto’s (RIO) rating from “sell” to “neutral” on June 6, 2016. The broker also raised the target price for the stock from 20 pounds to 21 pounds.
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.
Morgan Stanley Posts Highest Profit Since 2007 in 1Q15
Morgan Stanley (MS) reported net income of $1.18 billion, or $1.18 per diluted share, the bank’s most profitable first quarter since the 2007 financial crisis.
What Could Lead to Further Upgrades for Cliffs Natural Resources?
The average target price for CLF is $3.4 compared to its current market price of $4.9. The target price still implies a downside potential of 30%.
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.”
Why high-grade bond issuance dropped to the lowest level in 2014
With the earnings season in full swing, issuance levels have fallen over the past few weeks—a number of corporate borrowers are subject to blackout periods preceding their quarterly earnings releases.
T-Notes Auction: Poor Demand amid the FOMC Meeting
The overall demand fell for the seven-year T-notes auction because the FOMC meeting didn’t give any clarity regarding an interest rate hike in the future.
Why Are Deutsche Bank Investors So Concerned About AT1 Coupons?
Shares of Deutsche Bank (DB) have fallen nearly 10% in the last three trading sessions. Efforts to reassure investors about its ability to pay coupons on its AT1 bonds were in vain.
Looking at PEUGX’s Portfolio up to November 2015
PEUGX’s assets were spread across 73 holdings as of November 2015, and it was managing assets worth $378.2 million.
Why Are Vale Analysts Are Feeling Upbeat?
The word on Wall Street Among the analysts that track Vale (VALE), 30.0% have given the company “buy” recommendations, and 17.0% have given it “sell” recommendations. Vale’s target price is $9.67, which implies a downside potential of 16%. In the past year, its target price has risen 111%, with its share price staying firm due to […]
Why Wheaton Precious Metals Is Still Analysts’ Top Gold Bet
Among major gold (GLD)(IAU) mining and gold streaming companies (GOAU), Wheaton Precious Metals (WPM) is analysts’ favorite and has received the most “buy” recommendations at 91%.
BHP’s Fiscal 1H17 Results: What the Analysts Think
Of the 21 analysts covering BHP, seven analysts have issued “buy” recommendations, while 11 have “hold” recommendations.
Most Analysts Rate PDC Energy a ‘Buy’ ahead of 4Q15 Earnings
In the weeks leading up to PDC Energy’s (PDCE) earnings release for the fourth quarter of 2015, Wall Street analysts provided target prices for the next 12 months.
What Happened at the US Treasury Auctions in the Week Ending June 10?
It’s expected that the Fed may increase the interest rate soon, and 30-year Treasury bonds auction are closely watched by stock and bond investors.
Brexit Vote: How Did US Treasury Auctions React?
The US Treasury auctioned 30-year TIPS (VIPSX)(LTPZ) worth $5 billion on June 22.
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.
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.
Investors Have Chosen to Stay Away from China ETFs
Since July, investors have withdrawn $639 million from the iShares China Large-Cap ETF (FXI).
Are Analysts Turning Optimistic on Vale SA?
Among the analysts that track Vale SA (VALE), 16.0% have given the company a “buy” recommendation, and 16.0% have given it a “sell” recommendation.
Can Tesla’s Pickup Truck Turn Analysts’ Tide in its Favor?
Yesterday, Deutsche Bank (DB) bumped up its target price for Tesla (TSLA) by 12% after the company revealed the Tesla pickup truck on November 21.
Southwest Stock: Why Bernstein Has a Different View
Bernstein analyst David Vernon cut his rating on Southwest stock to “market perform” from “outperform.” However, he raised the target price to $61 from $58.
BofA and Credit Suisse Differ on Equity Market
On October 1, Credit Suisse’s Suresh Tantia told CNBC that the equity market will rebound from the current levels. However, the S&P 500 declined by 1.2%
Musk’s Leaked Email: Tesla Bears Reel on Q3 Hopes
Tesla bears are facing another nightmare. A leaked email by Elon Musk suggests Tesla has “a shot” at delivering 100,000 cars in the third quarter.
Did Markets or Consumers Prompt Trump’s Tariff Delay?
In a statement released today, the US said it was delaying additional tariffs on Chinese goods until December 15.
Goldman Sachs Sees No Trade Deal before the 2020 Election
Goldman Sachs no longer believes that a trade deal between the US and China is possible before the 2020 US presidential election.
Credit Suisse Is Expecting a Push in Iron Ore Prices on Supply Deficit
As iron ore supply disruptions, at least from Vale (VALE), don’t look likely to go away easily, analysts have started another round of upgrades for iron ore prices.
Credit Suisse Expects Gold Miners to Follow Gold Higher
Credit Suisse (CS) is positive about gold prices (IAU) in 2019. The bank expects gold prices to average $1,280 per ounce in 2019.
How Wall Street Views Boeing after Ethiopia Crash
Several analysts have downgraded their ratings as well as target price on Boeing (BA) stock after the Ethiopia crash on March 10.
Why Central Banks Aren’t Listening to Warren Buffett on Gold
According to the gold demand trend for Q4 2018 released by the World Gold Council, central banks are on the biggest gold (GLD) buying spree in the last 50 years.
Deere: Analysts’ Views before Its Q1 Earnings
Deere (DE) is scheduled to announce its earnings for the first quarter of fiscal 2019 on February 15 before the market opens.
Could Central Bank Buying Be a Major Driver for Gold in 2019?
In this article, we’ll see if central bank buying can drive gold demand in 2019 like it did in 2018.
Caterpillar: Analysts’ Recommendations
Among the 29 analysts tracking Caterpillar, 62% recommended a “buy,” 34% recommended a “hold,” and 4% recommended a “sell.”
Stanley Black & Decker: Analysts’ Recommendations
Currently, 21 analysts are actively tracking Stanley Black & Decker. Among the analysts, 67% recommend a “buy,” while 33% recommend a “hold.”
Credit Suisse: Less Bullish on SPY, Still Positive
Credit Suisse slashed SPY’s target for the end of 2019 from 3,350 to 2,925 in December. The previous target was the most bullish outlook.
The Gold Equities Credit Suisse Favors in 2019
Credit Suisse (CS) is positive about gold prices (IAU) in 2019. The bank expects gold prices to average $1,275 per ounce in 2019 and $1,300 in 2020.
Airlines’ Rating Downgrade: Investors Are Cautious
Most of the analysts polled by Reuters have provided “buy” recommendations on stocks in the airline industry.
Airline Stocks: November’s Rally Didn’t Last Long
In November, most of the airline stocks had their biggest gains in 2018. However, airlines’ momentum didn’t last long enough.
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.
Why Did Airline Stocks Rally in November?
Until the middle of October, airline stocks had been among the most battered stocks due to concerns about overcapacity and rising fuel prices.
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.
Sherwin-Williams: Analysts’ Recommendations
For Sherwin-Williams, 64% of the analysts recommended a “buy,” 36% recommended a “hold,” and none of the analysts recommended a “sell.”
Why Do Analysts Favor Ashland?
Since the beginning of 2018, the number of analysts tracking Ashland (ASH) has increased from 11 to 12.
Why Analysts Are Positive on W.R. Grace
In the past six months, the number of analysts covering W.R. Grace (GRA) has fallen from 14 to the present 11.
Chicago Bridge & Iron’s Relative Valuation Compared to Its Peers
Chicago Bridge & Iron Company (CBI) has a PB ratio of 1.41x based on its 2017 consensus estimates.
Why No Analysts Are Recommending a ‘Sell’ for Sherwin-Williams
About 70% of the analysts covering Sherwin-Williams (SHW) have recommended a “buy” for the stock, and 30% have recommended a “hold.” None of them have 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.
Sherwin-Williams: Wall Street Views and Recommendations
As of October 16, 23 analysts are actively tracking Sherwin-Williams (SHW). Among them, 65% have recommended a “buy,” 35% have recommended a “hold,” and none have recommended a “sell.”
Behind the Recent Analyst Rating Changes for Silver Miners
After the Guatemalan government’s decision to suspend Tahoe Resources’ (TAHO) license, the company saw several downgrades.
Mapping the Analyst Rating Changes for Royalty and Streaming Miners
Credit Suisse (CS) downgraded Franco-Nevada (FNV) from “outperform”’ to “neutral” on September 25, 2017.
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.”
Sherwin-Williams: Most Analysts Recommend a ‘Buy’
For Sherwin-Williams, 61% of the analysts recommended the stock as a “buy,” 35% recommended a “hold,” and 4% recommended a “sell.”
Wall Street’s Views on Deere after Fiscal 3Q17 Earnings
The number of analysts covering Deere (DE) stock has increased from 20 to 21. About 62.0% of them have recommended a “hold” for the stock.
Most Analysts Suggest a ‘Buy’ on Honeywell
Among the 19 analysts, 79% of the analysts recommended a “buy” on Honeywell, 21% recommended a “hold,” and none recommended a “sell.”
Analysts’ Views: What Iron Ore Price Could Bring Balance?
While iron ore prices have rebounded recently, analysts are still skeptical about the long term. Morgan Stanley has reduced its iron ore price forecast for 3Q17 by 23% to $50 per ton.
What Is the Word on Wall Street about Vale?
According to Reuters, 55% of Wall Street analysts recommend a “hold” on Vale (VALE), while 36% of the analysts rate it as a “buy.”
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.
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.”
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.
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.
Newmont Mining’s Fiscal 2016 Results: What Do the Analysts Think?
Of the 19 analysts covering Newmont Mining (NEM), 11 issued “buy” recommendations and seven issued “hold” recommendations on 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.”
Analysts Are Divided before Deere’s 1Q17 Results
About 36% of the analysts recommended a “buy” for Deere stock, 46% of the analysts recommended a “hold,” and 18% recommended a “sell.”
Do Distressed Valuations Mean It’s a Good Time to Buy Deutsche Bank?
Deutsche Bank’s shares are currently trading at distressed valuations.
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.
Why Deutsche Bank Closed 2016 with Losses
Deutsche Bank (DB) reported its fourth quarter earnings on February 2, 2017. The distressed bank reported 4Q16 losses of 1.9 billion euros, which missed analysts’ forecasts.
How Brexit Has Affected Global Markets
Gorman was disappointed with the UK’s decision to leave the European Union. The UK’s referendum had some immediate effects on the markets (VGK) (HEDJ).
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.
How Are Analysts Currently Rating Newmont Mining?
Of the 19 analysts covering Newmont Mining (NEM), 12 have issued “buy” recommendations and seven have issued “hold” recommendations on the stock.
What’s the Word on Wall Street about Vale?
Among the analysts that track Vale (VALE), 15.0% have given the company “buy” recommendations, and 23.0% have given it “sell” recommendations.
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.
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.
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.
Why Deutsche Bank Scrapped Its Dividends in 2016
Germany-based Deutsche Bank (DB) cut its dividend payments for 2015 and 2016 as part of its plans to strengthen the bank’s capital.
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.”
How Analysts Viewed Cliffs Natural Resources’s 3Q16 Earnings Miss
Cliffs Natural Resources (CLF) had no “buy” ratings until the end of May 2016—now it has two. Of the nine analysts covering the company, four have given it a “hold” recommendation, and three have recommended a “sell.”
Two Iron Ore Majors Slash Guidance, but Is It Enough?
In their latest quarterly production reports, iron ore mining companies Rio Tinto (RIO) and Vale SA (VALE) reduced their iron ore production forecasts.
Did Portfolio Shuffling Help the Fidelity Advisor Europe Fund in 2016?
The Fidelity Advisor Europe Fund – Class A (FHJUX) has been an above-average performer in YTD 2016, ranking third in the one-year period ended October 21, 2016.
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.
Has Wall Street Been Kind to Cliffs Natural Resources?
Cliffs Natural Resources had no “buy” ratings until May 2016. Now it has two. Of the nine analysts, four have recommended a “hold,” and three have recommended a “sell.”
Carl Icahn: Herbalife Is Undervalued
According to the institutional ownership report, Icahn is the first largest investor in Herbalife (HLF) with 17 million shares as of June 30, 2016.
Why Have European Bonds Been Jittery?
In this series, we’ll analyze why this talk of tapering has come about and discuss the implications for investors.
Financial Sector Will Benefit Most from the Fed’s Rate Hike
Miller expects that the Fed might increase the interest rate in September or December 2016. The increased rate would boost the financial sector (XLF).
Recent Changes in Newmont Mining’s Ratings
Of the 20 analysts covering Newmont Mining, nine have issued “buys,” ten have issued “holds,” and one has issued a “sell” on the stock.
A Look at Recent Ratings Changes for Yamana Gold
As of September 13, 2016, Yamana was trading at $4.5 per share. Let’s look at analysts’ recommendations and target prices for AUY over the next year.
Depressed Consumer Spending Hurt the Fidelity Advisor Overseas Fund
The Fidelity Advisor Overseas Fund – Class A (FAOAX) has emerged as a below-average performer in YTD 2016 among the 12 funds chosen for this review.
5-Year TIPS Were Auctioned at a Negative Yield Again
The US Treasury auctioned five-year TIPS worth $14 billion on August 18. The overall demand for the securities fell 2.1% from the previous auction.
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.
What Do Analysts Recommend for General Electric after 2Q16?
Barclays gave an “overweight” rating to General Electric’s (GE) stock, with a target price of $34 on July 22. The target price implies a potential rise of 6.0% over July 22’s closing price of $32.06 per share.