Best Bank Stocks To Own For 2019

&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-925881154&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/925881154/960×0.jpg?fit=scale&q; data-height=&q;641&q; data-width=&q;960&q;&g; Cryptocurrency doesn&s;t pose a risk to the global financial system, but it could if crypto-assets and their interconnections with the other financial sectors expand, G20 finance ministers were told (Photo by Artyom GeodakyanTASS via Getty Images)

Cryptocurrency doesn&a;rsquo;t pose a risk to the global financial system; finance ministers of the world&a;rsquo;s largest economies were told over the weekend.

But cryptocurrency could threaten international financial stability with greater use and interconnections with the rest of the financial sectors, the ministers and central bank governors were warned in a prelude to the two-day G20 summit starting today.

&a;ldquo;Crypto-assets raise a host of issues around consumer and investor protection,&a;rdquo; Financial Stability Board Chair Mark Carney told the government finance chiefs as they headed for their meeting in Buenos Aires, Argentina.

Best Bank Stocks To Own For 2019: HSBC Holdings PLC (HSBA)

Advisors’ Opinion:

  • [By Joseph Griffin]

    HSBC (LON:HSBA) had its target price lowered by equities research analysts at Shore Capital from GBX 721 ($9.60) to GBX 625 ($8.32) in a report issued on Tuesday. The brokerage presently has a “sell” rating on the financial services provider’s stock. Shore Capital’s price objective indicates a potential downside of 14.71% from the company’s previous close.

  • [By Max Byerly]

    HSBC (LON:HSBA) was upgraded by equities research analysts at Credit Suisse Group to a “neutral” rating in a research report issued to clients and investors on Thursday. The firm presently has a GBX 720 ($9.38) target price on the financial services provider’s stock, up from their previous target price of GBX 680 ($8.86). Credit Suisse Group’s price target suggests a potential upside of 5.82% from the company’s previous close.

  • [By Max Byerly]

    Credit Suisse Group set a GBX 720 ($9.32) price target on HSBC (LON:HSBA) in a research report sent to investors on Tuesday morning. The firm currently has a neutral rating on the financial services provider’s stock.

  • [By Ethan Ryder]

    HSBC (LON:HSBA) had its price target dropped by equities research analysts at Citigroup from GBX 810 ($10.78) to GBX 800 ($10.65) in a report released on Tuesday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Citigroup’s price target points to a potential upside of 9.59% from the stock’s previous close.

  • [By Stephan Byrd]

    Morgan Stanley set a GBX 855 ($10.91) price target on HSBC (LON:HSBA) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the financial services provider’s stock.

  • [By Max Byerly]

    HSBC Holdings plc (LON:HSBA) has received an average recommendation of “Hold” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 768.33 ($9.80).

Best Bank Stocks To Own For 2019: Wells Fargo & Company(WFC)

Advisors’ Opinion:

  • [By Shane Hupp]

    Dupont Capital Management Corp trimmed its position in shares of Wells Fargo (NYSE:WFC) by 84.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,092 shares of the financial services provider’s stock after selling 163,405 shares during the period. Dupont Capital Management Corp’s holdings in Wells Fargo were worth $1,577,000 at the end of the most recent quarter.

  • [By Max Byerly]

    Fiduciary Trust Co. trimmed its holdings in Wells Fargo & Co (NYSE:WFC) by 1.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 361,474 shares of the financial services provider’s stock after selling 6,301 shares during the quarter. Fiduciary Trust Co.’s holdings in Wells Fargo & Co were worth $18,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Jon C. Ogg]

    Wells Fargo & Company (NYSE: WFC) was valued at $26.4 billion, and the stake of 452.01 million shares is down slightly from the prior 456.5 million shares.

Best Bank Stocks To Own For 2019: Ampco-Pittsburgh Corporation(AP)

Advisors’ Opinion:

  • [By ]

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    Gold & Silver Pawn's Facebook page posted Monday that Harrison was surrounded by "loving family" this past weekend and died peacefully.

  • [By ]

    Des Moines, Iowa (AP) — It's been a billion-dollar lottery weekend after a lone Powerball ticket sold in New Hampshire matched all six numbers and will claim a $570 million jackpot, one day after another single ticket sold in Florida nabbed a $450 million Mega Millions grand prize.

  • [By ]

    Berlin (AP) — The U.N.'s nuclear watchdog says its top inspector has quit with immediate effect, just as the agency's work in Iran is once again in focus.

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    Cayce, S.C. (AP) — A crash between an Amtrak passenger train and a CSX freight train in South Carolina has left at least two people dead and more than 50 injured

Best Bank Stocks To Own For 2019: First Commonwealth Financial Corporation(FCF)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Barclays PLC increased its holdings in First Commonwealth Financial (NYSE:FCF) by 24.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,717 shares of the bank’s stock after buying an additional 6,593 shares during the period. Barclays PLC’s holdings in First Commonwealth Financial were worth $476,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

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