In a recent report, analysts at Deutsche Bank gave an updated outlook for super regional bank stocks. With the Federal Reserve Stress Test results due out on March 5 and the Comprehensive Capital Analysts and Review (CCAR) results set to be released on March 11, many investors may be looking to take a position in some of these banks in upcoming days.
Here is Deutsche Bank's take on 10 big names.
1. Citizens Financial Group Inc CFG-Buy
Analysts like the company's excess capital, above-average leverage to rising interest rates and attractive valuation.
2. Fifth Third Bancorp FITB-Hold
Analysts see mounting expense pressure, limited earnings growth potential and disappointing results for Fifth Third.
3. Huntington Bancshares Inc HBAN-Hold
Analysts believe that earnings per share(EPS) growth will be hard to come by in 2015.
4. KeyCorp KEY-Buy
Analysts praise the company's leverage to higher interest rates, improving operational efficiency and attractive valuation.
5. M&T Bank Corp MTB-Buy
Analysts predict that the closing of the Hudson City Bancorp HCBK deal will provide a positive catalyst for the stock.
6. The PNC Financial Services Group PNC-Hold
Analysts believe that the company's limited credit leverage is already reflected in the share price.
7. Regions Financial Corp RF-Buy
Analysts feel that the recent sell-off in the stock was overdone.
8. SunTrust Banks Inc STI- Buy
Analysts see upside to EPS as the US Southeast continues its recovery.
9. US Bancorp USB-Hold
Analysts see the company as a defensive play at this point.
10. Wells Fargo Corp WFC-Hold
Analysts believe Wells Fargo is solid, but has less upside than other names.
Disclosure: the author owns shares of Wells Fargo.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in