Top 5 Bank Stocks To Invest In 2019

ValuEngine upgraded shares of Central Garden & Pet (NASDAQ:CENT) from a hold rating to a buy rating in a research note issued to investors on Monday morning.

Other analysts have also issued research reports about the company. Zacks Investment Research raised Central Garden & Pet from a hold rating to a buy rating and set a $43.00 price objective for the company in a report on Wednesday, May 9th. SunTrust Banks lifted their price objective on Central Garden & Pet to $50.00 and gave the stock a buy rating in a report on Monday, April 9th. KeyCorp reaffirmed a buy rating and issued a $46.00 price objective on shares of Central Garden & Pet in a report on Monday, March 26th. Finally, BidaskClub raised Central Garden & Pet from a sell rating to a hold rating in a report on Thursday, March 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. Central Garden & Pet has a consensus rating of Buy and a consensus price target of $46.50.

Top 5 Bank Stocks To Invest In 2019: HSBC Holdings PLC (HSBA)

Advisors’ Opinion:

  • [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 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.

Top 5 Bank Stocks To Invest In 2019: Wells Fargo & Company(WFC)

Advisors’ Opinion:

  • [By Matthew Frankel, Jordan Wathen, and Dan Caplinger]

    The financial sector has been one of the best-performing areas of the market over the past few years, but there’s reason to believe that the group could continue to outperform. Here’s why our financial sector specialists think Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), and Goldman Sachs (NYSE:GS) could be smart buys right now.

  • [By Garrett Baldwin]

    The Dow was flat this morning as major banks report earnings. Shares of JPMorgan Chaseadded nearly 1% after the company reported a record Q2 profit. The company also reported stronger results from its trading division, which likely benefited from recent market volatility. Its earnings per share of $2.29 was $0.07 above the average estimate of $2.22. China’s trade surplus against the United States hit a new record in June. Many economists are concerned that this news could cause U.S. President Donald Trump to escalate his tariff battle with China. Earlier this week, President Trump threatened to hit another $200 billion in Chinese goods with a 10% tariff. Trump has demanded that China cut down on its surplus. One of the biggest issues formarijuanacompanies right now is setting up a bank account. Because cannabis is still illegal under federal law, banks are afraid of federal crackdowns. That means a marijuana dispensary can’t deposit cash or take out a loan to help grow its business. However, that could soon change… Today, we take you into what could be one of the biggest breaks in the legal marijuana business. Check it out here.
    Three Stocks to Watch Today: C, BLK, TGT
    Shares of Citigroup Inc. (NYSE: C) were on the move after the investment bank reported earnings before the bell. The bank reported a stunning 16% jump in quarterly profits for the second quarter. The firm cited the recent tax law, increased fees, and better banking business in Mexico. The firm reported earnings per share of $1.63. That figure easily beat average expectations of $1.56 per share. It’s worth noting that the bank’s income tax provision declined by $351 million thanks to tax reform. This will likely ignite Democratic Senators who are critical of Wall Street. Shares of BlackRock Inc. (NYSE: BLK) pushed higher Friday thanks to an upgrade from investment research firm Keefe, Bruyette and Woods Inc. The upgrade from “market perform” to “outperform” came after analysts sa

  • [By Douglas A. McIntyre]

    Wells Fargo & Co. (NYSE: WFC), plagued by a long list of banking rule violations and hundreds of millions of dollars in government penalties, has launched a new marketing campaign:

Top 5 Bank Stocks To Invest In 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 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

  • [By Logan Wallace]

    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

Top 5 Bank Stocks To Invest In 2019: Canadian Imperial Bank of Commerce(CM)

Advisors’ Opinion:

  • [By Motley Fool Staff]

    Canadian Imperial Bank of Commerce (NYSE:CM)Q2 2018 Earnings Conference CallMay 23, 2018, 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Stephan Byrd]

    Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.

  • [By Lisa Levin] Companies Reporting Before The Bell
    Target Corporation (NYSE: TGT) is estimated to report quarterly earnings at $1.38 per share on revenue of $16.50 billion.
    Ralph Lauren Corporation (NYSE: RL) is expected to report quarterly earnings at $0.83 per share on revenue of $1.48 billion.
    Lowe's Companies, Inc. (NYSE: LOW) is projected to report quarterly earnings at $1.25 per share on revenue of $17.63 billion.
    Tiffany & Co. (NYSE: TIF) is estimated to report quarterly earnings at $0.83 per share on revenue of $957.49 million.
    Canadian Imperial Bank of Commerce (NYSE: CM) is expected to report quarterly earnings at $2.23 per share on revenue of $3.40 billion.
    Citi Trends, Inc. (NASDAQ: CTRN) is projected to report quarterly earnings at $0.9 per share on revenue of $210.70 million.
    Qiwi plc (NASDAQ: QIWI) is expected to report quarterly earnings at $0.25 per share on revenue of $60.19 million.
    iClick Interactive Asia Group Limited (NASDAQ: ICLK) is projected to report quarterly loss at $0.06 per share on revenue of $34.87 million.

     

Top 5 Bank Stocks To Invest In 2019: Ampco-Pittsburgh Corporation(AP)

Advisors’ Opinion:

  • [By ]

    This 2011 photo provided by Russell Investments shows Steve Wood, chief market strategist for Russell Investments. Investors are fearful of runaway inflation, and they keep waiting for signs inflation is about to pick up. Most experts agree that inflation is going to speed up, and that the Federal Reserve will keep raising interest rates in order to keep inflation pressures from getting out of control. While the timing is unclear, Wood says its not too soon to prepare. (Photo: AP)

  • [By ]

    New York (AP) — Tom Petty died last year because of an accidental drug overdose that his family said occurred on the same day he found out his hip was broken after performing dozens of shows with a less serious injury.

  • [By ]

    New York (AP) — Four more deaths have been linked to a national food poisoning outbreak blamed on tainted lettuce, bringing the total to five.

    Health officials have tied the E. coli outbreak to romaine lettuce grown in Yuma, Arizona. The growing season there ended six weeks ago, and it's unlikely any tainted lettuce is still in stores or people's homes, given its short shelf life. But there can be a lag in reporting, and reports of illnesses have continued to come in.

  • [By ]

    This undated photo provided by BMW shows the 2018 BMW X3, a luxury compact SUV with more traditional design and a starting price of $41,995, including the destination fee. The Audi Q5 and the BMW X3 are two of the most popular compact luxury SUVs out today. Shoppers are typically drawn to the Q5 and the X3 because of their appealing mix of refinement, utility, safety and performance. (Photo: AP)

  • [By ]

    New York (AP) — The bitter cold that followed a massive East Coast snowstorm should begin to lessen as temperatures inch up and climb past freezing next week, weather forecasters said.

  • [By ]

    This undated photo provided by CFRA shows Sam Stovall, chief investment strategist for CFRA. Stovall said that based on the state of the economy and recent history, company profits should keep rising throughout 2018 and 2019 at least. (Photo: AP)

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