Market Overview

Credit Suisse's 7 Financial Stocks To Consider For 2015

Share:

In a recent report, analysts at Credit Suisse outlined their 2015 outlook for Financial stocks. Here’s a breakdown of their top stocks to own in 2015.

Related Link: Credit Suisse's 9 Consumer Stocks To Own

  1. Discover Financial Services (NYSE: DFS): In addition to returning the majority of its earnings to shareholders, analysts believe that Discover represents the best combination of operational fundamentals and valuation among the large credit card companies. Price target: $74.00 (+14.3 percent)
  2. Charles Schwab Corp (NYSE: SCHW): Analysts see Schwab as one of the best investments in an environment of rising interest rates because of the company’s increased earnings power from higher rates. Analysts predict a 20-30 percent increase in Schwab’s earnings in 2015. Price target: $32.00 (+9.1 percent)
  3. Affiliated Managers Group, Inc. (NYSE: AMG): Analysts see several secular themes that will benefit the company in upcoming years: rising demand for boutique, alternatives and absolute return products. In addition, analysts praise the company’s business model and believe that it will benefit from future industry consolidation. Price target: $268.00 (+30.1 percent)
  4. Voya Financial Inc (NYSE: VOYA): Analysts believe that Voya’s free cash flow and excess capital is not properly priced into the company’s stock. Analysts predict about $1 billion in annual share buybacks for the company over the next three years. Price target: $48.00 (+16.9 percent)
  5. Boston Properties, Inc. (NYSE: BXP): Analysts praise the company’s management team and asset portfolio and believe that demand for large trophy assets among institutional investors will boost the stock. Price target: $143.00 (+4.1 percent)
  6. PennyMac Mortgage Investment Trust (NYSE: PMT): Analysts see upside from the company’s re-performing loans and believe that the stock will command a larger premium to book value than its current premium of only 4 percent. Price target: $24.00 (+10.4 percent)
  7. Lazard Ltd (NYSE: LAZ): Analysts praise the company’s institutional asset management business, its strong track record of capital management and its increasing expense discipline. Price target: $60.00 (+23.1 percent)

Latest Ratings for DFS

DateFirmActionFromTo
Apr 2019MaintainsMarket OutperformMarket Outperform
Mar 2019MaintainsOverweightOverweight
Nov 2018MaintainsNeutralNeutral

View More Analyst Ratings for DFS
View the Latest Analyst Ratings

Posted-In: Credit SuisseAnalyst Color Long Ideas Price Target Analyst Ratings Trading Ideas

 

Related Articles (AMG + BXP)

View Comments and Join the Discussion!

Deutsche Bank Values Du Pont Shares At $85 Following Nelson Peltz Action

IBM's Lost Decade In 7 Charts